The Management structure for the operation of the Centre is presented in the organogram below (Figure 1). The Centre is directly responsible to the Vice Chancellor and headed by the Director, Who shall be appointed by the Vice Chancellor. The VC shall setup a Governing Board and Academic and Professional Board for the Centre.
The Governing Board:
There shall be a governing Board for the Centre. This shall be the highest policy and decision-making body. The Vice Chancellor or his nominee shall be the Chairman of the Board, while the Director shall be the Vice Chairman. One member shall represent the Senate, Congregation, and Student body. One co-Investigator from a collaborating institution shall be a member. The Vice Chancellor shall appoint two external members who are successful entrepreneurs. The Chief Administrative officer/Secretary shall serve as the secretary of the board.
Professional and Academic Board
There shall be Professional and Academic Board for ICERFE, which shall consist of the Director of the Centre, the Deputy Director (NUC Entrepreneurship Programme), the Deputy Director (Rural Finance and training), Heads of Divisions and Professors within the affiliated Departments, two members of academic staff of the university appointed by the Senate, two members elected from amongst their own numbers by the senior staff of the Centre one of whom shall be a specialist in the teaching of entrepreneurship, members of the board of governors, Deans of Faculties of Administration and Social Sciences and one representative of the collaborating institutes (Carsey Institute, University of New Hampshire).
There shall be a Director of the Centre who shall be appointed by the Vice Chancellor from among academic staff of the University. The Director, as the principal investigator and CEO, shall be responsible for the finance and management of the Center. He shall ensure that policy directives of the Boards are executed. He shall ensure that all procurements of the Center are carried out in accordance with the due process guidelines. He shall organize all academic programmes of the Centre and ensure that the results reach the office of the Academic Board as and when due. He has the responsibility to present quarterly reports on the activities of the Centre to the meeting of the governing board.
Deputy Director (NUC Programmes)
There shall be a Deputy Director (NUC Entrepreneurship programme) who shall be responsible for the supervision of delivery and assessment of the GST Entrepreneurship courses. He shall mobilize a critical mass of teaching staff for the delivery of these courses to all students in their faculties as and when due. He is also responsible for the organization of Venture Clubs, and all out-of-classroom training activities. He shall identify research output and inventions with commercialization potentials and test the market readiness of each innovation. He shall arrange for the licensing/ patents of all inventions as well as negotiate offer of exclusive rights to willing investors (where the University does not wish to establish a spin-off enterprise). He shall arrange incubator, mentoring, technical, financial, legal, marketing and documentation assistance to budding entrepreneurs that are keen on transforming their research finding to ventures. He shall network with the larger economy (public as well as private sector) to market the expertise of university faculty with the intention of using university-derived expertise to provide consulting services. He shall be responsible for coordinating all entrepreneurship research activities. He shall assist each researcher in writing wining proposals for grants to fund the research in entrepreneurship. He is also responsible for organizing collaborative research in entrepreneurship with external institutions (including industry). He shall carry out all other duties assigned by the Director.
Deputy Director (Rural Finance and Training)
There shall be a Deputy Director (Rural Finance and Training), who shall be responsible for the supervision of delivery and assessment of the entire academic and professional courses in Rural Finance. He shall mobilize all resource persons for the delivery of these courses. He is also responsible for the organization of business development services. He shall network with the larger economy (public as well as private sector) to market the expertise of university faculty with the intension of using university-derived expertise to provide training and consultancy services. He shall be responsible for coordinating all Rural Finance research activities. He shall assist each researcher in writing wining proposals for grants to fund the research in Rural Finance. He is also responsible for organizing collaborative research in Rural Finance with external institutions (including industry). He shall carry out all other duties assigned by the Director.
Chief Administrative Officer/Secretary of the Centre
There shall be a Chief Administrative Officer, who is the secretary of the Centre. Other core professional, technical and administrative staff shall assist him in the administration of the Centre.
Finance officer (FO)
There shall be a finance officer, who is responsible for the day-to-day financial transactions of the Centre. Other accounting officers shall assist him in the day-to-day running of the finance unit.
There shall be Course Coordinator who shall be responsible for coordinating all activities related to the academic and practical delivery to all students (irrespective of their course of study) each of the GST Entrepreneurship courses – “Entrepreneurship and Innovation” and “Business creation and growth”. He shall arrange for the examination of the course, and ensure that all results are sent to the office of the deputy Director (NUC Entrepreneurship Programme) as and when due.
There shall be an Assistant Coordinator, who shall assist the Course Coordinator in discharging his duties.