University of Missouri officials plan to make big cuts to an investment program in order to balance the books after a surprise cut in state funding.
The UM System says the Enterprise Investment Program’s budget will drop from $5 million to less than $3 million. UM System Vice President for Finance and Administration, Nikki Krawitz, said the year-old program helps bring University research and inventions to the marketplace.
The University of Missouri system has begun its search for its next president following the Jan. 7 resignation of Gary Forsee. Pictured here is the system's flagship campus in Columbia, Mo. (via Flickr/Adam Procter)
University of Missouri curators agreed unanimously Thursday to hire an executive search firm in the hunt for the four-campus system’s next president, saying they will take their time to ensure they find the best possible candidate.