A $19.3 million contribution from Bayer CropScience will benefit research programs and projects in the Texas Tech University College of Agricultural Sciences and Natural Resources.
The contribution has been submitted for an equal amount of state matching funds from the Texas Research Incentive Program (TRIP), which would increase the total impact to $38.6 million and be the largest cash investment for research in the history of Texas Tech University.
Texas Tech University System Chancellor Kent Hance expressed gratitude for the contribution and what it will mean to the university.
“Today’s announcement continues a productive and valuable research collaboration between Texas Tech University and Bayer CropScience,” said Hance, who has been working on this contribution with Scott Cooksey, interim vice chancellor for Institutional Advancement, for three years. “Along with anticipated matching funds from the Texas Research Incentive Program, the impact of this contribution will reach nearly $40 million and benefit not only our research enterprise, faculty and students, but also our region.”
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The funds will support significant research developments in the Department of Plant and Soil Science (PSS), including an endowed chair in PSS, a fellowship endowment for graduate students and new research facilities and space in PSS.