SYSTEMS & PROCESSES |
Funding that is directed to the creation, maintenance or upgrading of systems or processes, across the larger institutional space. Systems are a collection of elements or components that are organised for a common purpose or goal. Processes are a series of progressive and interdependent steps by which an end is attained, a set order of doing things, a method of conducting affairs, across the institutional space or within specific components therein. |
EXPANSION, AWARENESS & CAPACITY BUILDING |
Funding that is directed to activities, programmes or actions resulting in expansion, awareness or capacity building, across the larger institutional space or within specific components therein. Expansion involves the action of expanding or increasing something in size, number or importance. Awareness involves an increased or better understanding of a situation, subject matter, system, process, mandate, etc. Capacity building can be defined as the process of developing and strengthening the skills, instincts, abilities, processes and resources that the institution and/or specific components therein, need to survive, adapt and thrive in a fast-changing world. |
NEW ACADEMIC PROGRAMMES AND RELATED |
New academic programmes refer to programmes, plans, procedures and systems regarding which educational instruction and training is delivered either in person, online or via hybrid programmes across the broad institutional space. |
RESEARCH, CENTRES, INSTITUTES AND SCHOOLS AND RELATED |
Research refers to the systematic investigation into and study of materials, sources, information and knowledge, to establish facts, reach new conclusions and add to the overall body of knowledge. CIS is defined in Stellenbosch University's rules on academic entities within and alongside departments and faculties. |
INFRASTRUCTURE & EQUIPMENT |
Infrastructure: The main purpose of the funding is directly related to the building, construction, renovation or outfitting of physical spaces and facilities, needed for the operation of the environment or institution. Equipment: The main purpose of the funding is directly related to the purchase, upgrade or replacement of a tangible item(s), intended for a specific purpose, or operational necessity that is required for the achievement of specific objective(s) or tasks(s). |
COMMERCIALISATION / ENTREPRENEURIAL |
Commercialisation is the process of managing or running something principally, or in part, for financial gain. This is the process of bringing new products or services to the market, internally or externally to the institutional space. Entrepreneurial activity is characterised by taking a calculated financial risk in the hope of profit. It is the process of developing, organising and running a new business to generate profit, while taking on financial risk. Entrepreneurial activities can lead to full-blown commercialisation activities, in the long run. |