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background of MIAS
The increasing need of the Faculty of Pure and Applied Sciences to find sources of income other than grants from the University Grants Committee and the increased commitment by the University to serve the development needs of the region, led to the formation of the Mona Institute of Applied Sciences. The Institute is a self-financed legal entity, interdependent with the Faculty of Pure and Applied Sciences, but operating within its own financial systems. It is a limited liability private sector company, governed by a Board of Directors drawn from the University and the private sector of Jamaica.

The Mona Institute of Applied Sciences was launched on October 25, 2001. The Institute has the flexibility to work directly with entrepreneurs, private and public sector enterprises, as well as the ability to utilise a variety of alternative investment instruments such as grants, loans and equity participation in pursuance of its objectives.

The Institute has been created as a non-profit company. All profits are recycled into operations and investments, and made as grants to Departments of the Faculty of Pure & Applied Sciences, to expand their technical and analytical capabilities.

Telephone: (876) 970-2021 or 970-2042
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