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| ABB to fund 40 research projects at universities worldwide ABB, the leading power and automation technology group, has selected 40 research projects for funding, after inviting academic and research institutes around the world to submit proposals for grants that will shape the future of power and automation. The ABB Research Grant program is intended to support promising graduate students and senior researchers who are researching projects with industrial applications in the power and automation area. The 40 projects were chosen from more than 500 proposals submitted by more than 250 universities in 46 countries. Among the selection criteria was how well projects matched the 33 research topics specified by ABB as well as their potential for industrialization. Grants typically range from $50, 000 to $80, 000 a year, and funding is initially for one year, but ABB expects to support the projects over a longer period of time. The successful project leaders were notified in January 2013 and funding will start as soon as the contractual formalities have been concluded. write your comments about the article :: © 2013 Construction News :: home page |