GOVERNOR MARTINEZ WANTS TO BOOST ECONOMIC DEVELOPMENT IN NEW MEXICO AND ATTRACT TOP FACULTY TO STATE COLLEGES AND UNIVERSITIES. SHE HOPES TO DO THAT BUT PUMPING MORE MONEY … 9-AND-A-HALF MILLION DOLLARS … INTO TWO HIGH-TECH RESEARCH AND DEVELOPMENT INITIATIVES.
THE GOVERNOR UNVEILED HER PROPOSALS AT UNM AND NEW MEXICO TECH THURSDAY. ONE WOULD REFORM THE HIGHER EDUCATION ENDOWMENT FUND AND APPROPRIATE 7-AND-A-HALF MILLION DOLLARS TO ALLOW COLLEGES AND UNIVERSITIES TO COMPETE FOR ENDOWED CHAIRS. THE OTHER WOULD SPEND 2 MILLION DOLLARS ON ACTIVATING THE TECH RESEARCH COLLABORATIVE SO THE SCHOOLS AND OUR NATIONAL LABS COULD TEAM UP TO COMPETE FOR FUNDING.
