3M Investment in University of Minnesota Reflects Shared Commitment to STEM and Business Education
December 05 2017 - 11:00AM
Business Wire
3M Contributions to U of M’s Driven Campaign
Reach $26 Million
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 3MAt 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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