What is TRIF
The Technology & Research Initiative Fund was created under Education 2000 (Prop. 301) to provide the funding for Arizona’s public universities to invest in technology and research-based initiatives. TRIF is funded by about 12 percent of the $0.006 sales tax established under Prop.301 in 2000 and extended by Governor Ducey and the State Legislature in 2018.
To strengthen Arizona’s economy through targeted research and workforce development.
HOW TRIF IS USED
Universities use TRIF funding to strengthen Arizona’s economy through targeted research and workforce development.
TRIF is chartered to promote university research, development, and technology transfer related to the knowledge-based global economy and to expand access to baccalaureate or post-baccalaureate education, among other priorities.
TRIF IS FOCUSED ON:
Improving Health; Water, Environment & Energy Solutions; Space Exploration & Optical Solutions; Defense & Security Systems; and Higher Education Access & Workforce Development.
Support early-stage research and act as a magnet to bring in additional funding from government and industry
Improve infrastructure for research that can make life better for people in Arizona
Promote commercialization of discoveries and foster new start up companies
Expands rural educational access and creates STEM education opportunities