Sunday, March 26, 2017

UrFU to accept applications for "5-100-2020" funding intiative

Ural Federal University announced on Friday that it will be accepting applications from its academic departments for consideration at "5-100-2020", an initiative of the Ministry of Education and Science.

Launched to bolster the competitiveness of leading Russian universities among other global research institutions, "5-100-200" will provide federal funding to programs within UrFU and other Russian schools to enhance their research programs.

"The challenge is not only to Russia, but also to many world powers: socio-economic development in a knowledge economy," UrFU Rector Victor Koksharov said. "[UrFU is] ready to become a pilot area for a number of federal projects. Our scientists and teachers have done a lot in the way of becoming a world-class university."

In total, the Russian government will commit $120.2 million until 2020 to develop research programs in at least five Russian universities.

Thus far, 36 applications have been submitted from universities like UrFU for funding through "5-100-200".