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Building university-business partnerships for the Commonwealth

Published on 28 February 2020

A new partnership between the ACU and the Commonwealth Enterprise and Investment Council (CWEIC) will help deepen the already significant relationships between universities and businesses.

With over 90 business and government strategic partners from 27 countries and territories, CWEIC is the Commonwealth’s business network, with a mandate to facilitate trade and investment throughout the 54 member nations of the Commonwealth. CWEIC also co-hosts the Commonwealth Business Forum alongside the Commonwealth Heads of Government Meeting (CHOGM) every two years; the next forum will be held in Rwanda in 2020.

The ACU and CWEIC are uniquely placed to connect emerging leaders, governments, businesses, and cutting-edge research and innovation, as well as working together on creating a labour force fit for the future.

Professor Edward Byrne, Chair of the ACU, and Lord Marland, Chairman of CWEIC, signed a memorandum of understanding (MOU) yesterday to establish a working partnership for the benefit of both organisations’ members and partners.

The ACU and CWEIC will collaborate on programmes and events, providing both organisations’ members and partners with platforms and networking opportunities, with the aim of:

  • Developing partnerships between Commonwealth businesses and some of the best innovation and research and development (R&D) centres globally
  • Co-creating activities on campus venues to support seminars and collaborative projects which bring together business and research
  • Facilitating new relationships that will improve employability, entrepreneurship, and labour market sustainability
  • Potentially developing bespoke scholarships for industry, CWEIC strategic partners, and ACU members