CTI Sustainability and Its Importance in Innovation Centers
Discover the key aspects of sustainability at the Centre for Transfer of Innovation, presented by Dr. Ashraf Bany Mohammed. Learn why financial and social sustainability are crucial for long-term success, and explore the strategic plans for maintaining resources and engaging stakeholders effectively.
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Presentation Transcript
Sustainability Aspects of Centre for Transfer of Innovation Presented by Dr.Ashraf Bany Mohammed Director of Innovation and Etreuenrhsip Center The University of Jordan a.bany@ju.edu.jo
Whys should we care? Three Main reasons: No more funds are available To be able to plan on the long run To have the resources needed for long term plans
What is CTI sustainability What is sustainability??? sustainability is the ability to be maintained at a certain rate or level Business sustainability represents resiliency over time (businesses that can survive shocks because they are intimately connected to healthy economic, social and environmental systems) How do we see CTI sustainability? the ability to maintain and manage a long-term adequate financial and social resources that support our operations.
CTI sustainability plans Financial sustainability Strategic Planning Managing costs Fundraising plan Planning for profit Rental income Fee based training. Event sales. Investment
CTI sustainability plans Financial sustainability Plan partnership with Investors Co-finance More projects
CTI sustainability plans Social sustainability Stakeholder engagement (Students , faculty, and Administration) Community outreach and Community Leadership. Promoting inclusion for all, equality , rights, development and responsibility of all Building a Community of Volunteers
It is always a challenge between Microeconomic efficiency against macroeconomic impact
