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Old 05-23-2011, 03:21 AM   #1
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HP Labs, the central research arm of the world's largest technology company, announced that it will offer new awards to 60 projects at 46 universities in 12 countries and regions as part of its Innovation Research Program.
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According to HP, the awards provide project funding of up to 100,000 U.S. dollars for one year to each academic institution and are renewable for a total of three years based on research progress.
SAN FRANCISCO, June 15 (Xinhua) -- Hewlett-Packard (HP) on Monday said it is funding more academic research projects to boost its collaboration with the world's leading universities.
Among the award winners are researchers from China's Peking University and Tsinghua University.
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The number of projects newly funded jumped more than 30 percent from last year, when the program started and awards were granted to 45 projects at 35 universities worldwide.
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