21st Century Technology, Research, and Scholarship Enhancement Act

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21st Century Technology, Research, and Scholarship Enhancement Act Board of Governors 21st Century Technology, Research, and Scholarship Enhancement Act Dr. R.E. LeMon Vice Chancellor, Academic and Student Affairs June 22, 2006 State University System of Florida

Public Universities Are: At the forefront of the knowledge explosion which is now doubling every five years. The major catalyst for the research and development feeding the innovation economy. The major sources of cutting edge research Keys to job creation as well as training Board of Governors, State University System of Florida

What Does World-Class Look Like? 800-years old Invested $900 million since 1996 in facilities and faculty More Nobel laureates than any other university Photograph © Andrew Dunn, 9 September 2004. (Creative Commons v. 2.0) Board of Governors, State University System of Florida

The Act: Overview 21st Century Scholars Program $20M Matching Program Centers of Excellence Program $30M Competitive Program SUS Research and Development Investment Fund $36.5M @ Level I $8.5M @ Level II Board of Governors, State University System of Florida

A New Board Florida Technology, Research, and Scholarship Board “within the Board of Governors to guide the establishment of Centers of Excellence and the attraction of world class scholars.” “The Board of Governors shall provide staff support for the activities of the board and per diem and travel expenses for board members.” Board of Governors, State University System of Florida

21st Century Scholars Program Institutional Eligibility Timing Source of Matching Dollars Distribution of $20M Standardizing an Expenditure Plan Board of Governors, State University System of Florida

Centers of Excellence Program Existing Center Participation Minimum / Maximum Awards Sustainability Timeline / Number of Submissions Recommendation Process Board of Governors, State University System of Florida

SUS Research and Development Investment Program Participating Institutions Agreements on Utilization of Dollars Board of Governors, State University System of Florida

Next Steps Board of Governors, State University System of Florida