Limak Foundation will provide financial support for 3 years to the MISTI (MIT Science and Technology Initiatives) – Bosphorus International Research, Education and Support Program which has been formed with the objective to carry out collective research projects between the faculty members and students of Bosphorus University and Massachusetts Institute of Technology (MIT). It is aimed to contribute in the research infrastructure of Turkey and pioneer in the emergence of new projects with the program.
Limak Foundation will provide a fund of 100 thousand dollars to the MISTI-Bosphorus Program every year. It is aimed for brand new projects that will make a worldwide impact and serve humanity to emerge, while new researchers in Turkey will be supported through the fund that will be provided for 3 years, totaling 300 thousand dollars. 11.7 million dollars of resources have been provided to 530 projects in total so far within the scope of the program. This is the first time that a university from Turkey has participated in the MISTI program, with the collaboration signed with Bosphorus University.