The University of Michigan, in a bid to expand and broaden its base of scientific research, is offering faculty members a new microgrant plan that would directly finance the exploratory phase of an idea.
Under the plan, which begins today, all Michigan faculty will be eligible for a $20,000 credit that can be redeemed only if they work with two other faculty members, including one outside their academic field.
The idea, which appears to be unique among American research universities, has numerous elements that Michigan leaders believe will be attractive to professors and the institution, including its emphases on encouraging interdisciplinary work and helping faculty compete for a tightening pool of federal money.
To read the full, original article click on this link: New Microgrants at U. of Michigan Will Spark Innovative Research - Finance - The Chronicle of Higher Education
