Income Generating Projects/Programs Office


LEGAL BASIS

LOI No. 872
NBC 331
NBC 331-A
LOI No. 1026
COA Circular No. 84-239
DBM Circular Letter No. 92-8
DBM Circular Letter No. 94-5
NCC 75
General Appropriations Act, Fiscal Year (FY) 2000, Section 4-General Provisions
RA No. 8292
LOI No. 872

* Provide powers to the SUCs governing boards to allow the HEIs to generate more income through a more effective utilization of their resources.

* Authorize the SUCs governing boards to decide on the use of schools income for any reasonable purpose, which, in their discretion, may be necessary and urgent for the attainment of the objectives and the goals of the university or college.

INCOME GENERATING PROJECTS

Established in accordance to the Republic Act 8292, otherwise known as the Higher Education Modernization Act of 1997, allowing SUCs to engage in corporate activities in order to generate revenues.

VISSION

The NORSU-IGP Program is envisioned to be a pioneering IGP model among State Universities and Colleges in the Visayas and Mindanao, which shall direct these schools toward financial sustainability.

MISSION

Through the NORSU-IGP Program, the NORSU System is committed to pursue sustainable business ventures that will maximize the utilization of both human and non-human resources of Negros Oriental State University system for fiscal autonomy and full development of entrepreneurial capabilities of faculty, staff, students, and business partners.

GOALS

The NORSU-IGP Program shall achieve the following goals:

a)To efficiently and effectively manage the business operations of the University for optimum development of the fiscal, technological, and academic units of the entire system; and

b)To continually innovate and create business ventures and opportunities.

PROGRAMS AND SERVICES

MAIN CAMPUS I

We are offering the following services!

1. Space Rental
2. Facilities
3. Agriculture

EXTERNAL CAMPUSES

RENTALS OF NORSU SPACE AND FACILITIES

1. Land Rental (CEAF)
2. NORSU Farm
3. NORSU GYM
4. Internet Income
5. Chairs and tables
6. Livestock
7. Electricity
8. Crops-corn, watermelon, coconut, etc.
9. Bull services
10. Academic Gowns
11. IGP Others