The University of the Valley hosts the regional meeting to establish subsidiary institutions of an economic nature
The topic of university subsidiary institutions of an economic nature formed the focus of the regional information and training meeting of the universities of the Valley, Biskra, Ouargla and Ghardaia, which was hosted by the University of Chahid Hama Lakhdar on Thursday, January 5, 2023 and supervised by the Director of Properties, Means and Contracts at the Ministry of Higher Education and Scientific Research and Chairman of the Ministerial Committee for the Establishment of subsidiary institutions of an economic nature. Mustafa is a doctor.
This regional meeting falls within the framework of the new direction of the Ministry of Higher Education and Scientific Research and the instructions of the Minister to establish university subsidiary institutions of an economic and commercial nature subject to commercial law to support the process of collecting new resources for the university within the framework of the institutions’ independence.
The Director of the University of the Valley, Professor Omar Farhati, welcomed the Director of Property, Means and Contracts at the Guardian Ministry, accompanied by the Director of Planning and Foresight, Belarabi Yassin, as well as the professors representing the delegations of the attending universities, the Director of the Higher School of Agriculture, the two Deputy Directors of the University for the third stage, Research, Scientific and Pedagogy, the Secretary General of the University, the Director of the Entrepreneurship House and the Director of the Business Incubator. And Chairman of the Five-Star Student Certification Committee.
The Director pointed out the importance of the subsidiary institution of an economic nature, which represents - according to him - a new qualitative leap within the framework of the university’s openness to its economic and social environment, and opened more room for the university professor to play a greater role in contributing to the subsidiary institution as an active partner, stressing that the University of the Valley possesses a work strategy and a clear vision. To engage in this endeavor and send several projects to the university’s subsidiary institutions.
In his speech at the meeting, the Director of Property, Means and Contracts at the Ministry explained that this regional meeting falls within the framework of enhancing the university’s openness to its economic and social environment, supporting wealth creation, and valuing the results of research and the financial, material and human resources enjoyed by university institutions and research institutions, which makes the university a locomotive for sustainable development.
The spokesman confirmed that the series of meetings held by the Ministerial Committee on the establishment of subsidiary institutions comes in implementation of the directives of the Minister of Higher Education and Scientific Research, as a ministerial committee began visits to institutions under guardianship in order to accompany them in establishing subsidiary institutions of an economic nature, by overcoming all obstacles that they may encounter. He explained and simplified the process of establishing these institutions in order to achieve income and create wealth, indicating that this endeavor is consistent with the policy of the President of the Republic, who has always stressed the independence of the institutions, stressing that the subsidiary institutions of an economic nature fall within the framework of this independence and the provision of income for the university institution.
He explained that the boards of directors of pedagogical and research institutions in universities deliberated on projects to establish subsidiary institutions of an economic nature during the month of December 2022, followed by the holding of meetings of the technical ministerial committee in order to accelerate the process of granting accreditation, and then the subsidiary institutions of an economic nature began to carry out their activities in accordance with the commercial law. .
The regional meeting touched on all the laws that allow university institutions to establish subsidiary institutions of an economic and commercial nature, such as a stock company (SPA) or a limited liability company (SARL), where a university professor can manage it or be a shareholder in it, which means that this type of subsidiary institution is characterized by a commercial nature, indicating that Its funding process will be from resources resulting from the activities of the parent institution and outside the sources of the management, equipment and research budget, such as the resources of the Intensive Language Center, service clubs, etc., provided that these resources constitute 60 percent of the subsidiary institution’s turnover.
The Chairman of the Ministerial Committee for Sub-Institutions explained that all difficulties and administrative procedures necessary to establish the sub-institution, which numbered about 40 university sub-institution projects at the national level, had been overcome.
Regarding facilitating the accreditation procedures, it is sufficient - as he said - that the project holder submits a file containing minutes from the university’s board of directors containing a business plan that defines the project, its objectives, its name, and the framing aspect that could be from professors, employees, or students awaiting its codification in the next professor’s law, as well as Market analysis, feasibility, marketing strategy, services provided, means, organization, and financing plan, which are attached to the technical card of the subsidiary project for approval by the Ministerial Committee. He also confirmed that the foreign national partner can finance research or partnership with the subsidiary institution in accordance with the commercial law in his answer to the questions of some of the attendees.
For his part, Mr. Director of Planning and Foresight, Belarabi Yassin, indicated that the university has gone beyond its classic tasks in education and research and has today become of an economic and commercial nature, as is found in developed countries. He explained that the economic subsidiary institution should find deals and orders according to the need of the market, indicating that the university has the capabilities Enormous material resources and scientific means suitable for economic and commercial activities within the framework of the evaluation.
The interventions of the Director of Property, Means and Contracts, the Director of Planning and Foresight, and the University Director, Professor Omar Farhati, were followed by a number of questions being raised by the audience, which were answered by representatives of the Ministerial Committee.
This regional meeting falls within the framework of the new direction of the Ministry of Higher Education and Scientific Research and the instructions of the Minister to establish university subsidiary institutions of an economic and commercial nature subject to commercial law to support the process of collecting new resources for the university within the framework of the institutions’ independence.
The Director of the University of the Valley, Professor Omar Farhati, welcomed the Director of Property, Means and Contracts at the Guardian Ministry, accompanied by the Director of Planning and Foresight, Belarabi Yassin, as well as the professors representing the delegations of the attending universities, the Director of the Higher School of Agriculture, the two Deputy Directors of the University for the third stage, Research, Scientific and Pedagogy, the Secretary General of the University, the Director of the Entrepreneurship House and the Director of the Business Incubator. And Chairman of the Five-Star Student Certification Committee.
The Director pointed out the importance of the subsidiary institution of an economic nature, which represents - according to him - a new qualitative leap within the framework of the university’s openness to its economic and social environment, and opened more room for the university professor to play a greater role in contributing to the subsidiary institution as an active partner, stressing that the University of the Valley possesses a work strategy and a clear vision. To engage in this endeavor and send several projects to the university’s subsidiary institutions.
In his speech at the meeting, the Director of Property, Means and Contracts at the Ministry explained that this regional meeting falls within the framework of enhancing the university’s openness to its economic and social environment, supporting wealth creation, and valuing the results of research and the financial, material and human resources enjoyed by university institutions and research institutions, which makes the university a locomotive for sustainable development.
The spokesman confirmed that the series of meetings held by the Ministerial Committee on the establishment of subsidiary institutions comes in implementation of the directives of the Minister of Higher Education and Scientific Research, as a ministerial committee began visits to institutions under guardianship in order to accompany them in establishing subsidiary institutions of an economic nature, by overcoming all obstacles that they may encounter. He explained and simplified the process of establishing these institutions in order to achieve income and create wealth, indicating that this endeavor is consistent with the policy of the President of the Republic, who has always stressed the independence of the institutions, stressing that the subsidiary institutions of an economic nature fall within the framework of this independence and the provision of income for the university institution.
He explained that the boards of directors of pedagogical and research institutions in universities deliberated on projects to establish subsidiary institutions of an economic nature during the month of December 2022, followed by the holding of meetings of the technical ministerial committee in order to accelerate the process of granting accreditation, and then the subsidiary institutions of an economic nature began to carry out their activities in accordance with the commercial law. .
The regional meeting touched on all the laws that allow university institutions to establish subsidiary institutions of an economic and commercial nature, such as a stock company (SPA) or a limited liability company (SARL), where a university professor can manage it or be a shareholder in it, which means that this type of subsidiary institution is characterized by a commercial nature, indicating that Its funding process will be from resources resulting from the activities of the parent institution and outside the sources of the management, equipment and research budget, such as the resources of the Intensive Language Center, service clubs, etc., provided that these resources constitute 60 percent of the subsidiary institution’s turnover.
The Chairman of the Ministerial Committee for Sub-Institutions explained that all difficulties and administrative procedures necessary to establish the sub-institution, which numbered about 40 university sub-institution projects at the national level, had been overcome.
Regarding facilitating the accreditation procedures, it is sufficient - as he said - that the project holder submits a file containing minutes from the university’s board of directors containing a business plan that defines the project, its objectives, its name, and the framing aspect that could be from professors, employees, or students awaiting its codification in the next professor’s law, as well as Market analysis, feasibility, marketing strategy, services provided, means, organization, and financing plan, which are attached to the technical card of the subsidiary project for approval by the Ministerial Committee. He also confirmed that the foreign national partner can finance research or partnership with the subsidiary institution in accordance with the commercial law in his answer to the questions of some of the attendees.
For his part, Mr. Director of Planning and Foresight, Belarabi Yassin, indicated that the university has gone beyond its classic tasks in education and research and has today become of an economic and commercial nature, as is found in developed countries. He explained that the economic subsidiary institution should find deals and orders according to the need of the market, indicating that the university has the capabilities Enormous material resources and scientific means suitable for economic and commercial activities within the framework of the evaluation.
The interventions of the Director of Property, Means and Contracts, the Director of Planning and Foresight, and the University Director, Professor Omar Farhati, were followed by a number of questions being raised by the audience, which were answered by representatives of the Ministerial Committee.
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