Chemical companies took notice of the CEBC this year—big time.
Seven companies launched nine projects with the center in 2017. At more than $1.5 million, these investments are ten times greater than the 2016 level of industry support. The trend continues into 2018, with three new projects just in the first quarter.
The new industry-aided projects build on research advances made at the CEBC with state and federal funds. While public funding plants the seeds of innovation, corporate support guides new discoveries from lab to marketplace.
The benefits go both ways. Companies gain access to expertise and instruments. Students and postdocs gain experience and often employment opportunities.
CEBC Director Bala Subramaniam noted that many of these companies attended an industry workshop at the center in 2016. He said, “I’m delighted to see that companies are interested in leveraging CEBC’s long-term success in both cutting-edge fundamental science and applied research.”
--Story by Claudia Bode