Funding our Future
Innovative financial management is crucial, not just to ensure Durham University continues to be sustainable, but also to make possible our ambitious Strategy proposals. The current environment, though fast-changing, presents opportunities to work better and diversify our business model, laying the foundations for innovation and development right across the University.Denise McConnell, Interim Chief Financial Officer
How will we fund our future?
Firstly, from cash. We will run the University more efficiently and generate the levels of cash we need to support the Strategy.
Second, from borrowing. We will go to the market in 2017 to seek investment funding to support a strong academic and business future.
Third, by working in combination with private developers. The capital cost of our new Colleges will not be borne by the University.
Fourth, from philanthropic and other external sources. We will diversify our revenue streams and are planning a Campaign for Durham University.