ITK receives $50M investment from Mastercard Foundation for Inuit Nunangat University

Inuit Tapiriit Kanatami (ITK) has received $50M from the Mastercard Foundation for the Inuit Nunangat University, bringing the institution one step closer to becoming a reality. The donation will help establish key startup elements, build capacity, advance academic plans, develop courses, improve digital connectivity, and enhance community engagement. ITK President Natan Obed said that the goal is to create an institution where students can “be grounded in Inuit society and also have a full spectrum of educational opportunities that include learning more about our society and our practices.” ITK is seeking $50M from the Government of Canada in next year’s budget, with a total of $160M needed to start the university.