EpicQuest Education Announces Agreement between Davis College and Chongqing Technology and Business Institute for Intake of At Least 46 Students in September 2023

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[{"type":"text","content":"Enrollment Expected to Reach at Least 138 Students in 2025 Reinforcing the Internationalization of EEIQ's Mission\nMIDDLETOWN, Ohio, April 12, 2023 /PRNewswire/ -- EpicQuest Education Group International Limited (NASDAQ: EEIQ), (\"EpicQuest Education\", \"EEIQ\" or the \"Company\"), a provider of comprehensive education solutions for domestic and international students seeking college and university degrees in the US, Canada and the UK, today announced that Davis College, which is 70%-owned by the Company, and Chongqing Technology and Business Institute (\"CTBI\"), signed a Supplementary Agreement (the \"Agreement\") whereby CTBI students will attend Davis College, and upon completion of course requirements, will receive Diplomas and Associate Bachelor degrees. The term of the Agreement will last through June 2025 and can be renewed thereafter. The Agreement updates the Master Agreement signed by the two parties in November 2022 and effectuates a Memorandum of Understanding that was signed in June 2022.\n\n \n \n \n \n \n \n\n \nDiane Brunner President of Davis College, commented, \"Our agreement with Chongqing Technology and Business Institute reinforces our commitment to create an international academic experience at Davis College. We believe that the internationalization of Davis College will create academic synergies and an enriched intercultural educational experience for our students. We continue to focus on developing new career training programming that will expand our students' options in today's challenging job market.\"\nAs per the Agreement, a cohort of 46 student will enroll in the CTBI and Davis College joint program each year for a period of three years leading to a Diploma and Associate Bachelor's degree in Interior Design. CTBI students entering Davis College will consist of 46 students to enter the program each year. Therefore, at least 46 CTBI students will be enrolled in the program in September of 2023, at least 96 CTBI students will be enrolled in the program in September of 2024, and at least 138 CTBI students will be enrolled in the program in September of 2025. As part of the Agreement's bilateral exchange activities, CTBI will send a team of faculty and staff members to visit Davis College in August 2023.\nWith this Agreement, EEIQ continues to execute upon its strategic growth plan of internationalizat...

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