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Economy |
Foxconn pledges $100 million matching gift to UW-Madison to establish new research enterprise |
2018-08-28 |
[Journal Sentinel] MADISON - Foxconn Technology Group on Monday pledged up to $100 million to the University of Wisconsin-Madison, including funding to help establish a new interdisciplinary research facility for the College of Engineering that will collaborate with the company's planned manufacturing complex in southeast Wisconsin. Foxconn Chairman and founder Terry Gou was on campus to make the announcement at the Wisconsin Institute for Discovery alongside UW Chancellor Rebecca Blank and several campus deans from colleges that stand to benefit. To receive the full $100 million from Foxconn, UW must raise another $100 million in private gifts over the next two years as part of a broader, $3.2 billion fundraising campaign dubbed All Ways Forward. The subcampaign to match Foxconn's gift will focus on supporting research that advances engineering, data and computer science, "Foxconn would not be obligated to complete the $100 million gift, unless UW raises an equivalent amount by the end of the campaign in those broad areas," UW spokesman John Lucas confirmed later Monday. Earlier, Blank described Foxconn's pledge as the largest investment from a research partner in the university's history and among the largest gifts UW has ever received. It will include money to fast-track a new engineering building that has been only on the long-range drawing board until now. |
Posted by:Besoeker |
#8 They’ve been fretting for a generation without being able to change the fact that most girls refuse to be seduced into being interested. |
Posted by: trailing wife 2018-08-28 23:59 |
#7 We are already awash in somber committees fretting about the sex ratio in engineering and science, and I've heard trial balloons lofted suggesting that new hires should correct this. I suspect things will start going to hell about the time I retire. It turns out that STEM majors may be smarter than the average, but they mouth the same foolish nonsense. |
Posted by: james 2018-08-28 22:33 |
#6 If the SJWs hear about this, they will agitate for quotas for female/minority students. |
Posted by: Rambler in Virginia 2018-08-28 19:03 |
#5 They make the STEM take the "Studies" classes to subsidize them. Did, even in 79-83 when I was getting my degree |
Posted by: Frank G 2018-08-28 18:58 |
#4 STEM - Go STEM go! University will satisfy new STEM recruitment goals with foreign scholarships. University will offer prioritized workstudy programs at Foxconn for scholarship students. Foxconn will hire 'experienced' workstudy graduates at a higher rate which will subsidize the student loan payoff. No STEM for domestics, baby. |
Posted by: Skidmark 2018-08-28 18:47 |
#3 STEM - Go STEM go! |
Posted by: warthogswife 2018-08-28 10:49 |
#2 This puts kind of a crimp in the Wisconsin Dems' plans to rail against the Foxconn project during the upcoming gubernatorial election. (You know, like too much tax money invested for TIF, water quality, infrastructure buildup 'disasters', etc.) Had it been a Governor with a 'D' that made the Foxconn deal happen, all would be well. |
Posted by: Mullah Richard 2018-08-28 07:55 |
#1 for the College of Engineering Watch the SJW parasites infest the place. It's not like they attract such monies (and even less if we can kill the National Endowments). |
Posted by: Procopius2k 2018-08-28 05:56 |