By Catherine Zacchi
One way to get more jobs is to invent them.
That is the goal of the new West Virginia Research Trust, also known as “Bucks for Brains.”
Building the Brain Trust
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The state is investing $50 million in the research power of West Virginia University and Marshall University, turning any “brain drain” into a “brain gain.” The schools have five years to match the state funds by raising an equal sum in private and corporate donations. This accumulated intellectual capital generates discoveries that evolve into marketable products, business spinoffs and jobs.
The Research Trust will enhance West Virginia’s position as a player in high-tech, high-wage business fields like biotechnology, biomedical sciences and nanotechnology.