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Home > News > UT gets $18.5 million tech grant: Goal to spin off start-up companies

September 10th, 2012

UT gets $18.5 million tech grant: Goal to spin off start-up companies

Abstract:
The University of Texas is getting an $18.5 million federal grant for a new engineering research center that will focus on turning advances in nanoscience into innovations.

The Austin American-Statesman reports that the National Science Foundation announced the grant Monday. It will be paid during the next five years, with $13.5 million staying at UT and about $5 million to be split about evenly between its two academic partners, the University of California, Berkeley and the University of New Mexico.

Source:
kxan.com

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