IMET Receives $600,000 Grant from Ratcliffe Foundation

The Institute of Marine and Environmental Technology (IMET) received a three year, $600,000 grant from the Philip E. and Carole R. Ratcliffe Foundation to implement the Ratcliffe Environmental Entrepreneurs Fellowship Program. IMET is a research institute supported by UMBC, University of Maryland Baltimore’s School of Medicine and the University of Maryland Center for Environmental Science.

The fellowship program supported by the grant will help young scientists gain leadership and business skills that will allow them to introduce their research to a commercial market. IMET Director Russell Hill commented, “This is a tremendous opportunity not only for IMET but also for investors, business people and citizens in the region who will benefit from economic development flowing from this new program.”

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