Bayer CropScience contributes $19.3 million to Texas Tech University to benefit research programs and projects in the College of Agricultural Sciences and Natural Resources.
The contribution has been submitted for an equal amount of state matching funding from the Texas Research Incentive Program and would increase the total to nearly $40 million. The largest cash investment for research in the history of Texas Tech.
“Today’s announcement continues a productive and valuable research collaboration between Texas Tech University and Bayer CropScience,” said Texas Tech University System Chancellor Kent Hance, who has been working on this contribution with Scott Cooksey, interim vice chancellor for Institutional Advancement, for three years.
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 will all be supported by the funds.
“We are so pleased at the opportunity to continue to build our relationship with Texas Tech University,” said Mike Gilbert, vice president for Global Breeding and Trait Development, Bayer CropScience. “It will take multiple companies and institutions to address all the challenges agriculture will face in the future. Bayer CropScience is committed to research and development through collaborations such as this, and Texas Tech shares these same commitments. We look forward to a long and rewarding relationship that will impact agriculture in ways we can’t even imagine today.”
View the complete release here.