University of Massachusetts Lowell receives $4m grant for printed electronics collaboration project, announces Governor Baker.
University of Massachusetts Lowell (UMass) is set to benefit from a $4m from public agency Massachusetts Technology Collaborative to support the development of a printed and flexible electronics industry cluster.
Announced by Governor Charlie Baker, the funding will go to support the development of the Printed Electronics Research Collaborative (PERC) at UMass, which aims to bring together academia and industry to collaborate on printed and flexible electronics, a field estimated to be worth $76bn globally in the next decade, according to a report by IDTechEx.
The funding will be matched by $12m in industry support, and is being made from the $50m Collaborative Research and Development Matching Grant Programme, aimed at creating large-scale, long-term research partnerships.
Governor Baker said: “It is a privilege to announce today’s grant as another positive step forward for UMass Lowell, students and businesses across the Commonwealth. We have already seen great success stem from this partnership to fund research, support education and make new strides in innovation. By connecting the incredible resources in our universities with the business community, the Commonwealth will continue to stimulate economic growth and create more good-paying jobs.”
