FULL BOARD MEETING Strategic Investment Fund - December 2016 - - PowerPoint PPT Presentation

full board meeting
SMART_READER_LITE
LIVE PREVIEW

FULL BOARD MEETING Strategic Investment Fund - December 2016 - - PowerPoint PPT Presentation

FULL BOARD MEETING Strategic Investment Fund - December 2016 Strategic Investment Fund Purpose Transform a critical area of knowle ledge o or operati tion To fund Further the resear arch ch progre ress ss exceptional of the


slide-1
SLIDE 1

Strategic Investment Fund - December 2016

FULL BOARD MEETING

slide-2
SLIDE 2

Strategic Investment Fund Purpose

2

  • Transform a critical area of

knowle ledge o

  • r operati

tion

  • Further the resear

arch ch progre ress ss

  • f the University
  • Materially enhan

ance ce t the qu qual ality

  • f the

the academic e experi rience

  • Support an affordable

le and e excelle llent educat cation f for Virginian ans

  • Expand economic

c developm

  • pment

in the Commonwealth

To fund exceptional investments that have the potential to:

slide-3
SLIDE 3

3

Maximum 3 years of funding with plan for sustainability bey ond Year 3 Alignment with Cornerstone Plan

  • r Health Sy stem Strategic Plan

Meet measures of success each year to receive funding the following year

Funding g Criter eria

slide-4
SLIDE 4

Progr gres ess to Date

4

  • 13 proposals were approved

in September 2016 for an aggregate investment of approximately $26 million

  • 5 proposals are being

recommended in December 2016 for a total of approximately $29 million

  • If approved, this will bring

the total commitment over four years to $55 million Proj

  • jects A

Approved in September 2 2016 Total F al Funding Commi mmitted

SEAS LinkLab for Cyber Physical Systems $4,810,000 A&S Doctoral Student Support $4,800,000 ResearchNET Research Development $4,461,000 Research UVA Next Generation Technology $2,952,724 Curry Research Faculty $2,406,400 A&S Center for Catalytic Conversion of Natural Gas $1,955,000 Darden Merit-based Scholarships $1,000,000 Law Public Service Program $1,000,000 Research Cluster Computing Support $750,000 SCPS Public Safety Program $600,000 USOAR Federal Work Study/Research Program $559,500 McIntire Global Commerce Program $500,000 Reimagining Librarianship Strategic Plan $250,000 Total al $ 26, $ 26,044,624

slide-5
SLIDE 5

Recom

  • mmende

ded Pr Propos

  • posal

als: Resear arch

5

Project Description Tot

  • tal F

Funding ng Recomme

  • mmended

Schoo

  • ol o

l of Medicine Precision I Individuali alized M Medicine for D Diabe abetes: Detect, control, and cure Type 1 Diabetes $16,992,531 Colle llege of Arts & & Sciences A Advan anced R Resear arch a and N New F Forms o

  • f

Lear arning: Create new knowledge, providing training for students, and engage the public on focused areas in the social sciences and humanities $2,000,000

slide-6
SLIDE 6

Resear arch: SO SOM Pr Precision Indi ndividu dualized Medi dicine for Di Diabe betes

6

Eliminating Ty pe 1 Diabetes in Virginia

  • Detect: Establish statewide network to provide genetic

screening and early detection

  • Control: Artificial pancreas to control disease
  • Cure:

Emerging immunotherapies and islet replacement treatments

This initiative begins with genetic screening and early detection, employs the artificial pancreas to optimally control the disease, and aspires to a cure that will defy autoimmunity and regenerate beta cells. UVA is a world leader in Type 1 Diabetes genomics, technology, and cell therapy, and is building strength in immunology.

slide-7
SLIDE 7

Resear arch: A& A&S S So Social Sc Sciences es and and Hum umani anities

7

Advanced Research and New Forms of Experiential Learning

  • Create labo

boratorie ies that focus on overarching themes and create new knowledge

  • Innovative t

training opportunities in cross-disciplinary research

  • Engage

gage the e public by collaborating with local, national, and international partners

This new model seeks to transform the production of advanced scholarship in: 1. Religion, Politics, and Conflict; 2. Citizen Justice; 3. Global Religion; and, 4. Humanities Informatics. Each lab will include post-doctoral fellows, faculty, graduate students, and undergraduates. Labs will establish partnerships, develop learning experiences for the public, and create digital platforms.

slide-8
SLIDE 8

Recom

  • mmende

ded Pr Propos

  • posal

als: Resear arch Suppor h Support/I /Inf nfrastructure

8

Project Description Total Funding Recommended

School of Engineering and Applied Science (SEAS) & School of Medicine (SOM) Center for Advanced Biomanufacturing: Infrastructure for development of novel and more effective tissue engineering/regenerative medicine technologies $3,000,000 College of Arts and Sciences (A&S) Neuroscience and Energy Research Initiatives: Infrastructure to support neuroscience and energy research $521,844

slide-9
SLIDE 9

Res esear arch h Suppor upport/Inf nfra rastr tructure re: SEA EAS and and Schoo hool of

  • f Medi

Medicine ne Cente enter for

  • r Adv

dvanc anced d Biom

  • manu

nufac actur uring g

9

New tissue engineering/regenerative medicine technologies

  • Impr

mproved ed treatmen tment t for otherwise irrecoverable muscle injuries

  • Accelerate translat

atio ional nal r research progress

  • Develop state-of-the-art tissue r

e reg egen ener erative ma e materials and nd ti tissue biofabrica cation

The Center for Advanced Biomanufacturing will help UVA compete for massive new federal funding for tissue engineering and regenerative

  • medicine. Applications include limb and organ replacement, birth

defects, and nerve damage. The military’s success in saving the lives of those severely wounded on the battlefield has intensified the need for such therapies.

slide-10
SLIDE 10

Resear arch Support/ t/Infr frastru tructu ture re: Ne Neur uros

  • science and

and Ene Energy Ini nitiatives

10 A Foundational Investment in Neuroscience and Energy

  • Initial financing costs for major renovation of Gilmer

mer a and Chemistr try build ldings

  • Provide flexibl

ible labs bs and collaborative spaces

  • Le

Leverage $13 139 m 9 million in state funding

  • Energize phi

hilanthr hropic intere rest

  • Build on existing research

h stre rengths hs

This co-investment by the University, the Commonwealth, and private donors will provide state-of-the-art facilities that enable interdisciplinary research and lead to scientific breakthroughs related to two national priorities: neuroscience and energy.

slide-11
SLIDE 11

Recom

  • mmende

ded Pr Propos

  • posal

als: Ac Acade ademic Ex Expe perienc nce

11

Project Description Tot

  • tal F

Funding ng Recomme

  • mmended

School

  • l of

f Engineering a and Appli lied S Science G Grad aduat ate Prog

  • gram: Increase

financial support for 100 new and highly diverse engineering graduate students which will enable faculty to secure more external research funding and produce a highly cited body of work $6,400,000

slide-12
SLIDE 12

Ac Acade ademic Ex Expe perience: Sc Scho hool of

  • f Engi

Engine neering ng and and Appl Applied d Sc Science e Gr Graduat aduate Pr Prog

  • gram

am

12

Engineering a World-Class Graduate Engineering Program

  • Competitive financi

cial suppo pport t for graduate s students is critical to:

  • Attracting high

ghest qu quality stude dents

  • Increasing d

diversity in the graduate student population

  • In

Increasing facu culty ty res esear arch an and n new k w knowl wled edge ge

  • Improv
  • ve ran

anking g from 39th to top-30 engineering school

  • Increase scholarly body of work that is highly

ly cited

Investing in graduate education is the surest way to accelerate research

  • excellence. One hundred new and highly diverse engineering students will

matriculate over the course of three years. These young researchers will enable faculty to compete for and secure increasing levels of research funding.

slide-13
SLIDE 13

Summar Summary y of f Recomm mmended Pr Proposals for BOV Ac Action

13

Project Total Funding Recommended SOM Precision Individualized Medicine for Diabetes $16,992,531 SEAS Graduate Engineering Program 6,400,000 SEAS & SOM Center for Advanced Biomanufacturing 3,000,000 A&S Advanced Research and Learning in Social Sciences and Humanities 2,000,000 A&S Neuroscience and Energy Strategic Research Initiative 521,844 Total $28,914,375 SIF Action Summary FY17 FY18 FY19 FY20 Total Recommended December 2016 $ 11,182,614 $ 8,741,398 $8,490,362 $500,000 $28,914,375 Approved September 2016 9,841,050 7,307,054 8,001,520 895,000 26,044,624 Total Recommended + Approved $21,023,664 $16,048,452 $16,491,882 $1,395,000 $54,958,999