Tohoku University on Friday became the first institution formally designated to receive substantial research grants from a 10 trillion yen ($65 billion) fund, part of a new government program aimed at raising the global rankings of Japanese universities.
Of the 10 universities that applied, including Japan’s top two, the university in the northeastern city of Sendai was the only candidate selected in August last year to receive the grants, which will be disbursed over a period of up to 25 years.
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