Recognizing the industry-wide impact of Texas Tech University’s agriculture research, Bayer CropScience announced a $19.3 million contribution to research programs in the College of Agriculture & Natural Resources.
The gift is eligible for state matching funds through the Texas Research Incentive Program (TRIP), which is expected to bring the gift’s total impact to $38.6 million, the largest cash investment for research in the history of Texas Tech University.
“Today’s announcement continues a productive and valuable research collaboration between Texas Tech University and Bayer CropScience,” said Texas Tech University System Chancellor Kent Hance, who has been working on this contribution for three years with Scott Cooksey, interim vice chancellor for Institutional Advancement. “Along with anticipated matching funds from the Texas Research Incentive Program, the impact of this contribution will reach nearly $40 million and benefit not only our research enterprise, faculty and students, but also our region.
Bayer CropScience’s contribution will fund an array of research expansions benefitting the Department of Plant and Soil Science, including an endowed chair position, an endowment for graduate student fellowships, and new research facilities and spaces that will benefit students and faculty.