Two local educational institutions have raised matching funds to promote research and technology through the Maryland E-Nnovation Initiative.
Hood College and Bowie State University recently raised $1.5 million in private funding to fund new research professorships, with the Maryland Department of Commerce approving matching grants of more than $1 million to support the endowments.
The endowments were made through the Maryland E-Nnovation Initiative (MEI), a state program created to spur basic and applied research in scientific and technical fields at colleges and universities.
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