In the aftermath of the 2010 Deepwater Horizon oil spill, the State Legislature established the $30 million program, formerly named the Industry Recruitment, Retention & Expansion Fund Grant Program. Approximately $10 million in funding remains for the program, which focuses on research and development, commercialization of research, economic diversification and job creation.
The development is the latest milestone in UF’s ongoing collaboration with NVIDIA, which began in…