The University of Miami said Wednesday that the U.S. Department of Education has awarded it a grant of more than $1 million in support of its Center for International Business Education Research (CIBER), which has been housed at the School of Business Administration since 2010.
The Center will receive more than $250,000 each year for four years to continue carrying out innovative services and interdisciplinary endeavors to strengthen U.S. competitiveness, UM said.
The funding will be matched by the university, resulting in more than $2 million in total funding for programming. The University of Miami is among just 17 universities nationwide, and the only institution in Florida, to receive the funding in 2014.
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