The University of Arkansas has announced a $194.7 million grant by the Walton Family Charitable Support Foundation to establish the University of Arkansas Institute for Integrative and Innovative Research.

A news release said the aim is to integrate research across five areas: data science, food systems and the future of food, materials science and engineering, bioscience and bioengineering research in metabolism and integrative systems neuroscience.

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The effort is intended to also encourage the commercialization of research and entrepreneurship.

The grant will help construct a building for the institute and support the hiring of 20 faculty members. It also will pay for a branch in Bentonville, home to Walmart, which created the foundation’s resources.

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The Walton Foundation had earlier given more than $23 million to begin work on increasing research at UA.

Chancellor Joseph Steinmetz said the center should increase federal research money at UA.

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