PROVINCE ANNOUNCES SUPPORT FOR CO-OPERATIVE ENTERPRISES CHAIR AT UNIVERSITY OF WINNIPEG
The Government of Manitoba, in partnership with the co-operative sector, is providing funding to create a chair in co-operative enterprises for the development and delivery of a co-operative business program at the University of Winnipeg, Housing and Community Development Minister Kerri Irvin-Ross, minister responsible for co-operative development, announced today.
“A chair in co-operative enterprises will help the University of Winnipeg educate students about current business practices for co-operatives,” said Irvin-Ross. “This new position will also bring much-needed awareness of the benefits of co-operatives to the general public and act as a resource for the business community.”
The chair in co-operative enterprises will be the first industry-funded chair at the University of Winnipeg’s faculty of business and economics and will be responsible for developing the faculty’s concentration in co-operative management.
The budget for this project includes the province’s contribution of $250,000, with the co-operative sector contributing $75,000 per year over five years. Co-operative sector partners include Federated Co-operatives Ltd., The Co-operators Group, Credit Union Central of Manitoba, Assiniboine Credit Union, Arctic Co-operatives Ltd. and Red River Co-operative Ltd. The University of Winnipeg will also provide $25,000 annually for five years to cover the expense of developing and delivering the academic program.
Today’s announcement celebrates Co-op Week which runs from October 14 to 20 and builds on the 2012 United Nations International Year of Co-operatives.
The chair in co-operative enterprises will be in place for the 2013-14 academic year.