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IMET receives $600,000 Ratcliffe Foundation grant to support program in entrepreneurial leadership

BALTIMORE, MD (July 10, 2014)

The Philip E. and Carole R. Ratcliffe Foundation has awarded the Institute of Marine and Environmental Technology (IMET) in Baltimore a three-year, $600,000 grant to initiate the Ratcliffe Environmental Entrepreneurs Fellowship (REEF) Program. This new effort has been formed to help young scientists cultivate the leadership and business skills necessary to bring their bench research into commercial markets.

The REEF Program will prepare students to work with private enterprise and to gain a more informed appreciation of the potential business implications of their research discoveries. This effort will help some students to start their own small businesses in environmental science and better prepare others for careers in large companies.

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