ANGUTECH LAUNCHES AN ENDOWMENT FUND
The Anglican
University College of Technology (ANGUTECH) has held a Fundraising dinner to
launch an Endowment Fund. The dinner held at the Grand Arena of the Accra
International Conference Centre on 12th April, 2024 had “Towards
Attaining Charter Status for a continued Manpower Development and Training of
Health Professionals and Business Managers for National Development’ as its theme
and an initial
targeted seed capital of US$2million”.
The Endowment Fund
is to help the institution meet its Charter financial requirements.
In his remarks, His
Excellency President Nana Addo Dankwa Akufo-Addo who was the special guest of
honour described the occasion as a momentous one marking a significant
milestone in the nation’s commitment to education and technological
advancement. According to him, the Endowment Fund will not only support the
institution’s Charter financial requirement but enable the development and
growth of the University College.
His excellency said
ANGUTECH’s desire to obtain a charter should be a matter of concern not only to
the University College’s stakeholders but to the government given the important
role universities play in the development of a nation.
According to him, government
appreciates the role private universities are playing to ensure tertiary
education is provided for those who otherwise would not have had the
opportunity because of limited spaces in public universities especially with
the introduction of the free SHS policy.
“I fully support
and share in ANGUTECH’s vision to be a leading institution in transforming Ghana's science and technology education for development and therefore support its
quest to move forward to become a full-fledged University’ he added.
He urged all
present to lend support to the evening’s cause as it was a worthy one.
Giving a brief on
the purpose of the day’s programme earlier, Mr. Michael N.A. Cobblah, a co-chair
of the fundraising dinner committee said ten years in the life of any entity is
a solid landmark and as such an opportune time for the University College to
launch its endowment fund to coincide with its tenth anniversary to create a
solid backbone for the institution. He highlighted
some of the intended purpose of the Endowment Fund as research grants for
faculty, provision of additional facilities and resources to enhance teaching
and learning.
The Chairman for
the event, Mr. Reginald D. Laryea urged all present to support the University
College’s bid to obtain a Charter. He further urged the institution to pay
attention to the quality of students it produces and also align with industry in
order to improve outcomes and nurture future students.
In his vote of
thanks, Rt. Rev’d (Dr.) George Dawson Ahmoah on behalf of his Grace, the Most
Rev’d (Dr.) Cyril K. Ben-Smith, Archbishop of the Internal Province of Ghana
Anglican Communion, Board of Trustees, Council, Management and Students of the
University College expressed appreciation to his Excellency President Nana Addo
Dankwa Akufo-Addo for gracing the occasion and his personal interest in the affairs
of the University College.
He also thanked all
who contributed in cash and kind to make the day’s function a success and
acknowledged the presence of Ministers of State, Staff from the Presidency and
invited guests.
Source: ANGUTECH
