IMA Receives Large Increase from NSF

July 21, 2005

The Institute for Mathematics and its Applications (IMA) at the University of Minnesota received a major funding increase with its most recent five-year renewal from the National Science Foundation's Division of Mathematical Sciences (DMS).

William Rundell , who heads DMS, announced today (July 20) at a ceremony at the IMA that the award amounts to $3.9 million per year over five years. This represents an increase of 77% over the previous funding level and is NSF's largest single investment in the mathematical sciences to date.

The IMA, which was founded in 1982, focuses on interdisciplinary activities and the application of mathematics to diverse areas of science, engineering, and technology, including industry. The current director is Douglas Arnold.

More detailed coverage of this announcement will occur in SIAM News.

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