Listen to SSTI's Interview with Kumble Subbaswamy, former University of Kentucky Provost
Listen to Kumble Subbaswamy's response to the following questions in this clip (approximately 15 minutes):
- How does the Bucks for Brains program fit into the efforts of the Kentucky Council on Postsecondary Education to grow the state's economy?
- Can you describe the matching process and its contribution to the endowments of the University of Kentucky and the University of Louisville?
- What lessons have you learned along the way that would benefit organizations looking to build a similar program?
About Kentucky's Bucks for Brains Endowment Match Program
The Bucks for Brains Endowment Match Program matches public dollars and private donations to encourage research and strengthen key programs at Kentucky universities. Over a 13-year period, the number of endowed chairs at Kentucky public universities increased from 56 to 252 and the number of endowed professorships increased from 53 to 354. Over that same period, extramural R&D expenditures generated by University of Kentucky and University of Louisville faculty and staff increased from $105.2 million to $364.8 million, a 247 percent increase.
About the Excellence in TBED Awards
The SSTI Excellence in TBED Awards recognize
exceptional achievement in addressing elements that have been found in
successful tech-based economies. These include a research base that
generates new knowledge, mechanisms for transferring knowledge into the
marketplace, an entrepreneurial culture, sources of risk capital, and a technically skilled workforce.
For more information about the SSTI Excellence in TBED Awards, visit http://www.sstiawards.org.