Benefits and Process
The Workforce and Innovation for a Stronger Economy (WISE) Fund is intended to assist in meeting current and future workforce needs and spur additional research and innovation in alignment with economic growth opportunities. Close collaborations between business and institutions are necessary to ensure endeavors funded through WISE are responsive to industry needs. To encourage partnerships, institutions are required to secure at least a 20 percent match from the private sector. This presents an opportunity for businesses to partner with institutions to address their needs AND leverage their investment in higher education to benefit from a four-to-one match from the State through WISE. Businesses interested in taking advantage of this opportunity should first contact Barbara Goodson at the Board of Regents at 225-342-4253.