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UM system announces $5 million commitment to research, job creation

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The UM system announced today that it will establish a three-year, $5 million Enterprise Investment Program to create more jobs.

"This new fund is designed to help fund start-up companies in Missouri that can move the discoveries of our faculty from the laboratory to the marketplace," UM system President Gary Forsee said. "This will create more high-quality jobs, build the state's tax revenues and cultivate new revenue for the university."

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