Objective 6: Finance and Capital Investment

To develop additional resources to support the advancement of the school’s mission and vision.

Priorities

1. Evaluate opportunities for SOP to venture into entrepreneurial pharmaceutical service activities 

2. Integrate SOP’s research efforts across departments and develop strategies that engage faculty, select focus areas, and ultimately invest in teams to develop projects for grants.

3. Pursue and optimize new and existing opportunities to enhance the long-term financial viability of the School 

4. Create research partnerships with colleagues, departments, schools, and universities both locally and internationally

5. Increase extramural scientific partnerships (national/internationally) with other universities and within the private sector by the University’s strategic plan

6. Strengthen budget processes and monitor the management of secured funds 

7. Ensure compliance with UHAS Financial and Policies Procedure Manual and Public Procurement Act

Target

Secure and maintain adequate funds for growth and expansion

Indicators

1. A Committee formed to assess the possibility of SOP engaging in entrepreneurial activities like drug formulation/production, community pharmacy service, testing of pharmaceutical products etc.

2. Multiple inter-departmental teams to undertake collaborative research through grants and scholarships

3. SOP budget regularly prepared and defended

4. Zero tolerance for budget overrun

5. Increased funded-collaborative research at SOP, with more than 5 local and international collaborations every year.

6. Make copies of UHAS financial policies and Public Procurement Act available to all staff and student leaders, and regular sensitization of staff on these policy documents

7. A fund-raising committee instituted to solicit funding from all identified potential funders including benevolent individuals and institutions toward the initiation of infrastructural projects.