invests millions to support higher education
Bosch is investing approximately $10 million
over 8 years to support local universities and energy research
projects in North America. Part of a global initiative, the Bosch
Energy Research Network (BERN) is a project that works jointly
with North American universities to achieve lasting developments
in research and accelerate progress in the important fields of
the environment, energy and mobility. An expansion of the company’s
higher education funding, BERN consists of two components: research
grants and internships.
In 2011, Bosch will spend over $5 billion on global R&D activities.
Approximately 45 percent of Bosch’s R&D budget is focused
on products that help to enhance energy efficiency and protect
the environment. The BERN project is a part of the Bosch InterCampus
program, a global initiative in which the company invests about
$70 million to provide support for universities and research
programs focused on sustainable energy usage in Germany, China,
India and the United States over the next 10 years.
Among the 34,500 Bosch researchers and developers globally, 1,800
are located in North America. The BERN project will fund 20 university
research grants, with the goal of developing the best transformative
energy technologies for series production. Funding will focus
on several topics including energy conversion through solar energy,
wind power and photovoltaics, storage technologies for transportation
and utilities, and usage efficiency through microgrids and cooling
systems. The research grants, each a maximum of $125,000, will
be awarded competitively on a 2-year duration basis. For the
project’s initial phase, the following institutions are invited
to participate: California Institute of Technology; Massachusetts
Institute of Technology; Stanford University; University of California,
Berkeley; and the University of Michigan. Other universities
may be considered at a later phase.
Bosch will also offer 200 internships to high-potential university
seniors and graduate students, in the general area of energy
topics. Internship programs will be offered to some 13 universities
located near key Bosch locations in North America. Each year,
Bosch globally invests more than $250 million in enhancing associates’
skills through training and apprenticeship programs, cross-functional
transfers and international opportunities.