In a speech at Pittsburgh’s Carnegie Mellon University on Friday, US President Barack Obama announced a plan to inject millions of dollars into university research as a way to develop manufacturing innovations that can employ thousands of domestic workers and hopefully buoy the sluggish economy. Though details of the plan are still somewhat hazy, officials told The Chronicle of Higher Education that six universities will have a chance at $500 million through a National Science Foundation-style granting scheme, and cited initial grants of $100 million for developing new manufacturing materials and $70 million for robotics research. The six universities named in the initial stage of the project are Carnegie Mellon, the Massachusetts Institute of Technology, the Georgia Institute of Technology, the University of California at Berkeley, the University of Michigan, and Stanford University.
To read the full, original article click on this link: Universities to the Economic Rescue | The Scientist
Author: Bob Grant
