3M Contributions to U of M’s Driven Campaign Reach $26 Million
ST. PAUL, Minn.--(BUSINESS WIRE)--
3M and the University of Minnesota today announced a major investment by
3M to benefit the next generation of scientists, engineers and business
leaders.
3M’s $26 million investment in the University’s Driven campaign, which
spans a 10-year period, includes a new $8 million commitment to support
scholarships and outreach programs. This investment is helping to build
a pipeline of high-performing and diverse global talent, integrate
science, technology, engineering and math (STEM) into K-12 education,
and prepare students to succeed in science and business.
“This gift reflects our ongoing commitment to the University of
Minnesota, and STEM and business education,” said Kim Price, president,
3M Foundation. “Investing in our students today ensures a solid
foundation for our scientists, business leaders and community of the
future.”
3M’s current investment to the University brings the company’s lifetime
total to nearly $120 million in both cash and products. Through these
investments, 3M has positively impacted the lives of thousands of
students through mentorships, merit-based scholarships and investments
in state-of-the-art facilities. Support has been greatest for the
College of Science and Engineering (CSE) and Carlson School of
Management, two of the top programs of their kind in the country.
"As our largest and longest-standing corporate partner, 3M and its
legacy are inextricably linked to us, Minnesota’s only comprehensive,
public research university," said University of Minnesota President Eric
Kaler. "3M helped shape my own future as a scientist and a leader, and,
with today's newest wide-ranging investments, together we will continue
to drive Minnesota's culture of innovation, support a critically-needed
K-12 STEM pipeline, and educate the next generation of leaders. The
University and 3M are ideal partners enhancing the vitality of this
state while making a real difference across the globe."
About 3M
At 3M, we apply science in collaborative ways to
improve lives daily. With $30 billion in sales, our 90,000 employees
connect with customers all around the world. Learn more about 3M’s
creative solutions to the world’s problems at www.3M.com
or on Twitter @3M or @3MNews.
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Source: 3M