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August 27th, 2009

Hectic start for French university foundations

Abstract:
Half of France's universities have, or are in the process of, creating foundations to raise private funding, according to research minister Valérie Pécresse.

Within weeks 37 projects were submitted to an evaluation committee and in October 2006 13 RTRAs were selected. The following month these RTRAs, including a nanotechnology research foundation in Grenoble and mathematics research foundation in Paris, received their first funding. But instead of seeing this money as an exceptional grant - as intended by the minister - the recipients considered this as seed money for long-lasting research foundations.

Source:
sciencebusiness.net

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