Novelis is collaborating with the Georgia Institute of Technology to establish the Novelis Innovation Hub at Georgia Tech.
The company is committing US$2.5m to initiate research, faculty, student, and educational programme support.
The collaboration will promote basic and translational research, business models, as well as related educational endeavours at Georgia Tech and will serve as a cross-functional hub connecting Novelis’ technical and business innovators with students and faculty.
“We are fortunate to have one of the world’s premier research institutions in our hometown,” said Novelis president and CEO, Steve Fisher.
“As we pursue our purpose of shaping a sustainable world together, we have a tremendous opportunity to collaborate with Georgia Tech to help train a new generation of students who are poised to advance the frontiers of engineering and research.”
With the Novelis funding, Georgia Tech intends to recruit a senior interdisciplinary faculty member to serve as the director of the Novelis Innovation Hub. The director is expected to be identified and in place by the 2020 academic year.
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By GlobalData“The collaboration with Novelis demonstrates our continued focus on providing students and faculty with academic and practical experiences through the creation of innovative corporate relationships,” added Georgia Institute of Technology EVP Research, Chaouki Abdallah.
“Our expertise in material science and advanced manufacturing, and business and AI systems is among the very best in global higher education and we look forward to working with Novelis’ scientific, engineering and business innovators to develop new, industry- and world-changing solutions.”
Novelis will annually identify sponsored research and/or provide a list of innovation needs, for which Georgia Tech faculty will be invited to offer proposals.
An advisory board comprised of representatives from Georgia Tech and Novelis will evaluate the proposals using Novelis and external funding opportunities as well as foster future technology collaborations.
With the investment, Novelis is building on long-standing ties with Georgia Tech. Historically, the company has provided internships and full time employment as well as mentorship to more than fifty graduate students.
Novelis has funded sponsored research at Georgia Tech and research equipment, most recently co-investing in additive manufacturing in the Advanced Manufacturing Pilot Facility.
In addition, the company provides funds for graduate student research and for Georgia Tech’s InVenture Prize Challenge, a student/recent graduate competition to foster creativity, invention and entrepreneurship.