The success of Hewlett-Packard Company has been built on technology, derived in large measure from research and development in university laboratories. Because the endowment of the David and Lucile Packard Foundation would have not have possible without the success of HP and the research performed by university-educated engineers and scientists employed by this company, the Foundation has a long-standing interest in strengthening both university-based research and graduate education.
In 1988, the Foundation established the Packard Fellowships for Science and Engineering to allow the nation’s most promising young professors to pursue their science and engineering research with few funding restrictions and limited paperwork requirements.
Every year, the foundation invites the presidents of 50 universities to nominate two young professors each from their institutions. Nominations are carefully reviewed by an Advisory Panel of distinguished scientists and engineers. Sixteen recipients will receive individual grants of $875,000 distributed over five years. Of the $175,000 paid each year, $17,500 is available to the university as compensation for administrative costs.
The complete solicitation (PDF) can be found online for review. |