The University of the West Indies (UWI), has announced plans to establish a University Trust Fund to manage the institution's wealth potential.
Chairperson of The University Grants Committee, Prime Minister of Barbados, Mia Mottley, says this suggestion may be initially capitalised if Governments agree to provide physical assets and other revenue performing assets in lieu of cash.
She says this will help the University in terms of having some of the Governments' receivables settled.
The move is a part of a wider initiative to find alternative funding models for the University.
The University has also announced plans to list assets on the equities markets.