Grant Funding Breakdown
One of the largest single private grants ever given to a university for advancing research and economic development will allow the new research institute (I3R) to be become a reality. The $194.7 million grant from the Walton Family Charitable Support Foundation funds multiple projects to grow the university’s cross-disciplinary research capability, expand the scope of discoveries made by University of Arkansas researchers and increase the velocity in which discoveries are transferred to the marketplace where they can improve or save lives.
I3R is envisioned as a unique approach to research that will distinguish the University of Arkansas by creating a flexible, state-of-the-art collaborative framework designed to facilitate the integration of research across five overlapping clusters of innovation.
In addition to establishing I3R, the grant provides funding for the I3R Research Facility, entrepreneurship education and an expansion of the university’s presence in the region.
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