Novelis Inc. announced a collaboration with the Georgia Institute of Technology (Georgia Tech) to establish the Novelis Innovation Hub at Georgia Tech. The company will invest $2.5 million to initiate research, faculty, student and educational program support. The collaboration will promote aluminum research, innovative business models and related educational endeavors at Georgia Tech and will serve as a cross-functional hub connecting Novelis’ technical and business innovators with Georgia Tech’s students and faculty.
Under the terms of the agreement, Novelis will annually identify sponsored research and/or provide a list of innovation needs for which Georgia Tech faculty will be invited to offer proposals. An advisory board comprised of representatives from Georgia Tech and Novelis will evaluate the proposals that utilize the Novelis funding and external funding opportunities as well as foster future technology collaborations.