University of California, Berkeley, Chancellor Robert J. Birgeneau announced today (Wednesday, April 19) a major new multidisciplinary campus initiative to improve the quality of life for impoverished people by helping them develop their full economic potential. The Richard C. Blum Center for Developing Economies is being launched with a $15 million gift, which includes a $5 million challenge grant, from San Francisco financier, philanthropist and University of California regent Richard C. Blum. The center will tap the expertise and resources of the nation's top public teaching and research university to achieve significant — and financially sustainable — solutions to problems affecting the nearly 3 billion people in the world who are living on less than $2 a day.... ...The Blum Center will have two purposes: 1) to educate UC Berkeley students about the world of foreign assistance, its potential and challenges; and 2) to draw on UC Berkeley faculty expertise from a wide range of disciplines including governance and law, affordable technology, agriculture, health care services, infrastructure and general economic development. It will also focus on encouraging and developing entrepreneurship. It will draw on the expertise from faculty at other University of California campuses to put together teams to work on projects in the field.... |
Note: Blum is married to U.S. Senator Diane Feinstein of California.
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