Vanderbilt University plans to invest millions in transformative research and innovation through a new initiative called Discovery Vanderbilt.
The university said this builds on existing initiatives Opportunity Vanderbilt and Destination Vanderbilt “by committing major resources to dramatically increase faculty, student, and staff engagement and success in pursuing bold new ideas through disciplined, rigorous inquiry.”
Discovery Vanderbilt will accomplish this through more than $50 million in targeted investments in the first year of the initiative, spanning all colleges and schools that make up the university.
These investments, according to a release, will “deepen opportunities for scholars to engage in high-caliber research, scholarship, innovation and problem-solving, including creating new spaces on campus for discovery and enhanced infrastructure for supporting research, technology transfer, and creative inquiry. The initiative will propel Vanderbilt forward in the amount of external funding secured by faculty for research and innovation, including enhancing support for faculty pursuing prestigious awards, grants, licenses, commissioned works, and patents and creating new opportunities for philanthropic investment.”
“Our faculty and researchers have demonstrated their ability to take Vanderbilt to the next level as a standout leader in discovery and innovation,” said Padma Raghavan, Vice Provost for Research and Innovation. “With new resource commitments from Provost Raver and Chancellor Diermeier and new federal investments in research, innovation, and economic discovery, we have a singular moment of opportunity at this time. I look forward to partnering with the deans of the schools and colleges and faculty from across the disciplines to amplify Vanderbilt’s impact on the world.”
Details of university investments will be announced as they become finalized with the engagement and input of deans, faculty, and administrators across campus.