University of Texas of the Permian Basin
Midland Development Corporation has invested in education, including millions with UTPB.
The MDC made a bold statement about its commitment to education and the University of Texas of the Permian Basin with a $3 million investment toward the construction of the school’s $52 million engineering building, which is being built on the school’s Midland campus.
The economic development group is contributing funds to help build the third oor of the engineering school, which will enable UTPB to expand its o erings to include chemical and electrical engineering. UTPB reports that 1 in 10 students are engineering students, and its master plan calls for the student body to grow to 8,000 by 2020. The engineering building is tentatively scheduled to be completed in April 2019.
The MDC also is contributing $2 million for the creation of business incubator and makerspace at the Center for Energy and Economic Diversi cation (CEED), also at UTPB’s Midland campus. MDC has committed an additional $5 million to UTPB for the reimbursement of faculty salaries at the incubator and Makerspace, to be disbursed over the twenty- year term of the agreement.
Other Investments in UTPB
$200,000 per year over a six-year term has been committed to the establishment of an Aeronautical Engineering program. Aerospace engineering is integrated with the mechanical engineering track.
Odessa, TX 79762