Indiana University officials announced Wednesday they are launching the “most ambitious research program in the university’s history,” in order to address major issues facing Indiana and the world.

“We are talking about things that truly cut across borders and will help make life better for people even beyond the states,” said IU spokesman Mark Land.

The “Grand Challenges” research program will funnel at least $300 million over the next five years into what officials hope will be solutions for problems like limited global water supplies, energy availability and infectious diseases. The program’s first two grants are expected to be funded beginning in fall 2016, and the university plans to fund three to five projects between now and its bicentennial in 2020.

The Grand Challenges program is part of IU’s Bicentennial Strategic Plan and will be managed by IU Vice President for Research Fred H. Cate. Land said Cate sent requests for proposals to IU faculty on Tuesday.

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