FLINT, MI — The University of Michigan-Flint will receive $3.8 million in CARES Act funding to build a new hub for the College of Innovation and Technology.
The $3.8 million CARES Act Grant will be matched with $4.9 million in additional funds from university donors and is expected to create 126 jobs, retain 175 jobs, and generate $10.4 million in private investment, according to a news release from the U.S. Department of Commerce.
The Charles Stewart Mott Foundation is contributing an additional $2.2 million towards the construction of the Innovation and Technology Center.
UM-Flint’s College of Innovation and Technology was originally supported by a $10 million grant from the Mott Foundation.
“One of the main tenets of the College of Innovation and Technology is really on workforce development for a future economy,” CIT Dean Chris Pearson said. “The way we are going to do that is we need to have more spaces that are dedicated to create…