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Materials-for-the-Special-Board-of-Trustees-Meeting-at-December-16-2019-2.pdf

🔗 Source: bot.ucf.edu

📊 Size: 1.92 MB

📄 Pages: 34 pages

⬇️ Downloads: 45

Summary

The University of Central Florida (UCF) Board of Trustees held a special meeting on December 16, 2019, to discuss funding for ICAMR, Inc., d/b/a BRIDG, a research and advanced manufacturing facility. UCF has invested nearly $25.7 million in BRIDG since FY 2016, and BRIDG is experiencing financial challenges. BRIDG has requested an additional $5 million investment from UCF, with certain conditions, including restructuring the BRIDG Board, providing a detailed financial plan, and pursuing direct state funding. The Board considered transferring the $5 million, with alternatives including declining the request and working on an alternative plan. The $5 million would come from reassigning funds from academic and administrative units.

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Description

The University of Central Florida (UCF) Board of Trustees held a special meeting on December 16, 2019, to discuss funding for ICAMR, Inc., d/b/a BRIDG, a...

Technical Information

File Format: PDF
File Size: 1.92 MB
Pages: 34
Language: EN
Total Downloads: 45
Last Updated: 2 months ago

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