Strategic Partnerships

Strategic Partnership: means a significant, formal, long-term relationship based on trust and mutual benefit to the University and all partners supported by a legally binding agreement. A Strategic Partnership should enhance the overall reputation of the University, and provide competitive benefits outside the partnership/alliance by contributing to the University's strategic objectives. A strategic partnership is qualitatively different than a short term or purely commercial arrangement in providing ongoing mutual strategic benefit to all parties over and above the value of the underlying transactions.