The college’s Center for International Business Studies (CIBS) has received a four-year grant worth nearly $1.5 million to fund activities designed to foster the nation’s capacity for international understanding and economic enterprise.

CIBS is one of a network of Centers for International Business Education (CIBERs) created in 1988 and administered by the U.S. Department of Education. This is the fifth CIBER grant CIBS has received.

Funds from the grant will be used to develop new courses for students, facilitate overseas study, support faculty research related to American economic security, assist small business firms in developing foreign sales, and help public school teachers introduce international studies into their classrooms.

“Together, the CIBERs form a powerful force focused on improving American competitiveness and providing comprehensive services and programs that help U.S. businesses succeed in global markets,” says Kerry Cooper, executive director of international business programs for the Mays College.