Funds – Financing
The activities of the University of the Mountains require economic resources to finance research as well as operating costs, e.g. salaries, material and immaterial assets, technological and other expenses, all of which ensure the effective operation of a university.
The primary objective of the University of the Mountains, which is shared by its members, is to raise funds to ensure its sustainability. It should be mentioned here that there is no specific restriction concerning the source of funds, given that they may be EU and/or national programs, endowments, grants, etc. Perhaps the only restriction is that all such funds will be dedicated to the establishment of the UoM.