University of Illinois funds INBAL through Investment for Growth Program

The goal of the Investment for Growth Program is to be responsive to high and emerging demand programs that lead to financial sustainability and additional sources of revenue. In FY18, each college and research institute contributed resources to an investment pool of approximately $11 million. Each college and campus research institute was invited to submit proposals for funds to seed net revenue generating activities; to provide bridge funds for the expansion of existing revenue generating activities; to invest in automating processes; to motivate reorganization; and to co-invest in new instructional facilities and projects.

In 2018, Illinois selected 14 proposed campus projects, including the Illinois NeuroBehavioral Assessment Laboratory (INBAL) to receive a total of more than $5 million of Investment for Growth funding. Now in its second year, the Investment for Growth program is aimed at generating new sources of revenue while continuing to invest in the university’s missions of education, research, and public engagement.

“As we look to our future, we need to continue to be proactive and innovative in our funding models,” said Provost Andreas Cangellaris. “The Investment for Growth program provides a transparent and strategic opportunity to invest in our future.”

Read the full article from the College of LAS

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