May 19, 2005 — DuPont committed $25 million on Wednesday to continue funding an alliance with Massachusetts Institute of Technology through 2010. The research program is focused on creating innovative, next-generation materials. The DuPont MIT Alliance (DMA) was originally funded in 2000 as a five-year, $35 million investment. The 10-year, $60 million commitment makes the DMA the largest corporate R&D investment at MIT.
“These first five years focused on inventing new materials using nature and biology as the design roadmap,” said Thomas M. Connelly Jr., DuPont’s chief technology officer. “The response and resulting research has led to significant scientific achievements. The second stage of the alliance will expand the collaborative capabilities of DuPont and MIT beyond bio-based science to also include nanocomposites, nanoelectronic materials, alternative energy technologies, and next generation safety and protection materials.”
Massachusetts Institute of Technology is a private research university in Cambridge, Mass. DuPont is a science company headquartered in Delaware that operates in more than 70 countries.