Directorate to Focus on Improved University Financial Base
The Directorate of Income Generating Units was created in May 2021. It falls under the Division of Administration, Planning and Development and has the goal of enhancing the University's- ability to sustain itself beyond the funding it receives from the government and through research.
The Directorate provides strategic guidance to University departments that generate income through innovations and services. The Income Generating Units (IGUs) include Tatton Farm, the Guilford Dairy Plant, the Gift Shop, the Bookshop, the Egerton University Press, the Knitting and Tailoring Unit, the Catering Department, the Accommodation/Halls Departmen, Medical Department, and the Funeral Home.
The Directorate, through updated business plans for each IGU, is at an advanced stage of establishing a minimarket at the main University Gate. This minimarket will provide innovative products and services to the public and act as a one-stop shop for all IGUs to sell Egerton University-branded products and services, including provision of information about the University programmes.
The Mission of the Directorate is to enhance income streams for quality service provision by the University. Its Vision is “Diversified products and services providing sustained income streams for the University”.
The objectives of the Directorate are to: increase income streams for all IGUs by at least five per cent annually; expand innovative products and services for each IGU; improve quality of products and services rendered by all IGUs to meet consumer needs; open at least one additional outlet for IGUs to reach out to more customers after every two years; and advance accountability and knowledge-sharing on Egerton University products and services.