Eastern Michigan University in Ypsilanti has received a $1-million gift from Jack Roush to support

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Publisher: today.duke.edu
Twitter: @dukeu
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Quite a lot has been going on:

Eastern Michigan University Receives $1M Gift from Jack Roush

Eastern Michigan University in Ypsilanti has received a $1-million gift from Jack Roush to support mathematics and automotive programs at the school’s GameAbove College of Engineering and Technology.

Roush, an EMU alumnus, is chairman of Roush Enterprises in Livonia, and founder, CEO, and co-owner of the Roush Fenway Racing NASCAR team.

‘One of the challenges for young people coming of age in our time is marrying a strong academic background with practical experience. The GameAbove College of Engineering and Technology program’s hardware labs, focused on solving real-world problems, meet that challenge. I’m glad to see that my gift will optimize opportunities for students to gain vitally important hands-on experience.’

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Publisher: DBusiness Magazine
Date: 2021-06-07T16:00:11+00:00
Twitter: @dbusiness
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Mastercard, Mercado Libre, Common Cents Lab, and IDB Join Forces to Improve Financial Resilience among entrepreneurs and gig workers

MIAMI and MEXICO CITY and DURHAM, May 17, 2021 (GLOBE NEWSWIRE via COMTEX) — MIAMI and MEXICO CITY and DURHAM, N.C., May 17, 2021 (GLOBE NEWSWIRE) — If you’ve been thinking more and more about saving money during the past year, you’re not alone. While the pandemic has upended our personal finance habits, small changes in our routine can make a big difference. A new initiative in Latin America supported by Mastercard, Mercado Libre, the IDB’s Retirement Savings Laboratory, and Common Cents Lab, a financial behavior research lab at Duke University, seeks to use behavioral science to help entrepreneurs and SMEs in the region make better financial decisions.

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Publisher: MarketWatch
Date: 2021-05-17T08:00:51-04:00
Twitter: @marketwatch
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CMU, R.K. Mellon Foundation Announce Historic Partnership

Carnegie Mellon University and the Richard King Mellon Foundation today announced that the two long-time partners will together make a transformational investment in science and technology leadership at the university; in a more vibrant future for the Hazelwood neighborhood; and in Pittsburgh’s ongoing economic renaissance.

The Foundation has approved a $150 million grant to CMU ‘ the largest single grant in the Foundation’s 74-year history. The first $75 million is the lead gift for a new cutting-edge science building on the CMU campus in the Oakland neighborhood of Pittsburgh. The second $75 million will seed a new robotics innovation center and an institute focused on advanced materials and manufacturing at Hazelwood Green ‘ a former riverside steel mill site that will attract the jobs and industries of the new economy, while enabling development of a true mixed-use destination that will be a positive and inclusive part of Hazelwood.

Publisher: www.cmu.edu
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Author: Carnegie Mellon University
Twitter: @CarnegieMellon
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NC Biotechnology Center awards $1.8M in grants, loans ‘ here’s the breakdown

RESEARCH TRIANGLE PARK ‘The North Carolina Biotechnology Center awarded 48 grants and loans totaling nearly $1.8 million to universities, bioscience companies and other entities in the third quarter of its fiscal year.

Three bioscience companies received Small Business Research Loans totaling $550,000 to advance their research, product development and commercial viability.

Accounting for more than half of that amount was Durham-based Ribometrix, which formed a strategic collaboration with Genentech to discover and develop novel RNA-targeted small molecule therapeutics. Ribometrix received a $25 million upfront payment and is eligible for potential milestone payments exceeding $1 billion.

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Publisher: WRAL TechWire
Date: 2021-05-13T10:47:49Z
Twitter: @WRALTechWire
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Red Sea Farms raises $10 million to expand across Saudi

Red Sea Farms, a Saudi Arabian agritech business whose one-of-a-kind technology enables the commercial farming of produce using primarily salt water, received a $10 million venture capital investment today from a group of leading Saudi and UAE investors.

The investment in Red Sea Farms, which is based at King Abdullah University for Science & Technology (KAUST) 60 miles north of Jeddah, is one of the region’s largest agritech investments to date. The consortium reflects growing investor interest in the Gulf in sustainable farming solutions that can combat pandemics and global supply chain disruptions.

Publisher: Wamda
Twitter: @WamdaME
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Saudi-based sustainable AgTech firm Red Sea Farms, a salt

Publisher: menafn.com
Date: https://menafn.com/updates/pr/
Author: MENAFN
Twitter: @menafn
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