Strategic Investment Fund - December 2016FULL BOARD MEETING

Strategic Investment Fund Purpose

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• Transform a critical area of knowledge or operation

• Further the research progressof the University

• Materially enhance the quality of the academic experience

• Support an affordable and excellent education for Virginians

• Expand economic developmentin the Commonwealth

To fund exceptional investments that have the potential to:

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Maximum 3 years of funding with plan for sustainability beyond Year 3

Alignment with Cornerstone Planor Health Sy stem Strategic Plan

Meet measures of success each year to receive funding the following year

Funding Criteria

Progress to Date

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• 13 proposals were approved in September 2016 for an aggregate investment of approximately $26 million

• 5 proposals are being recommended in December 2016 for a total of approximately $29 million

• If approved, this will bring the total commitment over four years to $55 million

Projects Approved in September 2016 Total Funding Committed

SEAS LinkLab for Cyber Physical Systems $4,810,000

A&S Doctoral Student Support $4,800,000

ResearchNET Research Development $4,461,000

Research UVA Next Generation Technology $2,952,724

Curry Research Faculty $2,406,400

A&S Center for Catalytic Conversion of Natural Gas $1,955,000

Darden Merit-based Scholarships $1,000,000

Law Public Service Program $1,000,000

Research Cluster Computing Support $750,000

SCPS Public Safety Program $600,000

USOAR Federal Work Study/Research Program $559,500

McIntire Global Commerce Program $500,000

Reimagining Librarianship Strategic Plan $250,000

Total $ 26,044,624

Recommended Proposals: Research

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ProjectDescription

Total FundingRecommended

School of Medicine Precision Individualized Medicine for Diabetes: Detect, control, and cure Type 1 Diabetes

$16,992,531

College of Arts & Sciences Advanced Research and New Forms of Learning: Create new knowledge, providing training for students, and engage the public on focused areas in the social sciences and humanities

$2,000,000

Research: SOM Precision Individualized Medicine for Diabetes

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Eliminating Ty pe 1 Diabetes in Virginia

o Detect: Establish statewide network to provide genetic screening and early detection

o Control: Artificial pancreas to control diseaseo Cure: Emerging immunotherapies and islet

replacement treatments

This initiative begins with genetic screening and early detection, employs the artificial pancreas to optimally control the disease, and aspires to a cure that will defy autoimmunity and regenerate beta cells. UVA is a world leader in Type 1 Diabetes genomics, technology, and cell therapy, and is building strength in immunology.

Research: A&S Social Sciences and Humanities

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Advanced Research and New Forms of Experiential Learning

o Create laboratories that focus on overarching themes and create new knowledge

o Innovative training opportunities in cross-disciplinary research

o Engage the public by collaborating with local, national, and international partners

This new model seeks to transform the production of advanced scholarship in: 1. Religion, Politics, and Conflict; 2. Citizen Justice; 3. Global Religion; and, 4. Humanities Informatics. Each lab will include post-doctoral fellows, faculty, graduate students, and undergraduates. Labs will establish partnerships, develop learning experiences for the public, and create digital platforms.

Recommended Proposals: Research Support/Infrastructure

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ProjectDescription

Total FundingRecommended

School of Engineering and Applied Science (SEAS) & School of Medicine (SOM) Center for Advanced Biomanufacturing: Infrastructure for development of novel and more effective tissue engineering/regenerative medicine technologies

$3,000,000

College of Arts and Sciences (A&S) Neuroscience and Energy Research Initiatives: Infrastructure to support neuroscience and energy research

$521,844

Research Support/Infrastructure:SEAS and School of Medicine Center for Advanced Biomanufacturing

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New tissue engineering/regenerative medicine technologies

o Improved treatment for otherwise irrecoverable muscle injuries

o Accelerate translational research progresso Develop state-of-the-art tissue regenerative materials

and tissue biofabrication

The Center for Advanced Biomanufacturing will help UVA compete for massive new federal funding for tissue engineering and regenerative medicine. Applications include limb and organ replacement, birth defects, and nerve damage. The military’s success in saving the lives of those severely wounded on the battlefield has intensified the need for such therapies.

Research Support/Infrastructure:Neuroscience and Energy Initiatives

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A Foundational Investment in Neuroscience and Energy

o Initial financing costs for major renovation of Gilmer and Chemistry buildings

o Provide flexible labs and collaborative spaceso Leverage $139 million in state fundingo Energize philanthropic interesto Build on existing research strengths

This co-investment by the University, the Commonwealth, and private donors will provide state-of-the-art facilities that enable interdisciplinary research and lead to scientific breakthroughs related to two national priorities: neuroscience and energy.

Recommended Proposals: Academic Experience

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ProjectDescription

Total FundingRecommended

School of Engineering and Applied Science Graduate Program: Increase financial support for 100 new and highly diverse engineering graduate students which will enable faculty to secure more external research funding and produce a highly cited body of work

$6,400,000

Academic Experience: School of Engineering and Applied Science Graduate Program

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Engineering a World-Class Graduate Engineering Program

o Competitive financial support for graduate studentsis critical to:

• Attracting highest quality students• Increasing diversity in the graduate student

population• Increasing faculty research and new knowledge

o Improve ranking from 39th to top-30 engineering schoolo Increase scholarly body of work that is highly cited

Investing in graduate education is the surest way to accelerate research excellence. One hundred new and highly diverse engineering students will matriculate over the course of three years. These young researchers will enable faculty to compete for and secure increasing levels of research funding.

Summary of Recommended Proposals for BOV Action

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Project Total Funding RecommendedSOM Precision Individualized Medicine for Diabetes $16,992,531SEAS Graduate Engineering Program 6,400,000SEAS & SOM Center for Advanced Biomanufacturing 3,000,000A&S Advanced Research and Learning in Social Sciences and Humanities 2,000,000A&S Neuroscience and Energy Strategic Research Initiative 521,844

Total $28,914,375

SIF Action Summary FY17 FY18 FY19 FY20 Total

Recommended December 2016 $ 11,182,614 $ 8,741,398 $8,490,362 $500,000 $28,914,375

Approved September 2016 9,841,050 7,307,054 8,001,520 895,000 26,044,624

Total Recommended + Approved $21,023,664 $16,048,452 $16,491,882 $1,395,000 $54,958,999