FORD INCREASES INVESTMENT IN UNIVERSITY RESEARCH; MORE THAN $60 MILLION AWARDED OVER LAST 20 YEARS

FORD INCREASES INVESTMENT IN UNIVERSITY RESEARCH; MORE THAN $60 MILLION AWARDED OVER LAST 20 YEARS

FORD INCREASES INVESTMENT IN UNIVERSITY RESEARCH; MORE THAN $60 MILLION AWARDED OVER LAST 20 YEARS

• Ford awards 13 University Research Program (URP) grants to schools around the world in 2010; all focusing on technological advancements with real-world application potential
• Since the URP began in 1989, Ford has invested more than $60 million in university research projects, offering nearly 500 grants to 100 schools globally
• URP grants are part of a larger portfolio of Ford university research investment, which also includes ongoing formal strategic alliances with MIT, the University of Michigan, and The Boeing Company and Northwestern