Founded in 2000, Universidad Tecnológica Empresarial de Guayaquil (Business and Technological University of Guayaquil) is a private higher-education institution located in the metropolis of Guayaquil (population range of 1,000,000-5,000,000 inhabitants), Guayas. Officially recognized by the Consejo de Aseguramiento de la Calidad de la Educación Superior del Ecuador (Council for Quality Assurance of Higher Education of Ecuador), Universidad Tecnológica Empresarial de Guayaquil (UTEG) is a coeducational Ecuadorian higher education institution. Universidad Tecnológica Empresarial de Guayaquil (UTEG) offers courses and programs leading to officially recognized higher education degrees in several areas of study. UTEG also provides several academic and non-academic facilities and services to students including a library, as well as administrative services.