CINCINNATI (AP) — The University of Cincinnati is creating a stand-alone research institute and trying to improve connections with private companies.
The Cincinnati Enquirer reports (http://cin.ci/17GuZSp ) that UC is investing $1 million over the next five years in the institute. The institute housed on campus is meant to become self-supporting, while giving private companies a place to go when they want access to the university's research.
A former GE Aviation executive recently became the UC Research Institute's first president and expects to soon hire a chief financial officer.
Cincinnati trails other schools that have established separate institutes for joint research with private companies.
The University of Dayton decades ago set up an institute to coordinate research with the nearby Wright-Patterson Air Force Base.
Information from: The Cincinnati Enquirer, http://www.enquirer.com