A first-of-its-kind, real-time research funding initiative at the University of Michigan puts $15 million into the hands of professors to jumpstart new projects they believe in.
A Web site where researchers can post and browse project ideas will launch this summer. As part of future phases of the program, the university is considering letting alumni or members of the public contribute directly to a project or submit new project ideas for researchers to consider.
“I can’t wait to see the ideas that spring from this exciting initiative,” said UM President Mary Sue Coleman. “MCubed will give researchers new freedom and funding to act on their inspirations.”