RIM prepares $5 million research fund for ITB

As reported by several media, last Saturday RIM has signed a partnership agreement with Bandung Institute of Technology (ITB) and will deliver a $5 million fund in several stages. The fund will be used mainly for mobile app development and research. ITB is the first campus in Indonesia to strike this kind of partnership with Canada-based RIM.

“This investment will be used for research and development mainly for mobile application, where ITB excels. The fund will also be used to build the first RIM Innovation Center” said Andy Cobham, President Director RIM Indonesia as quoted from ITB’s announcement.

RIM is famous amongst the academic community, of course it’s understandable since RIM itself was born the academic environment of University of Waterloo Canada. And RIM is also known for its generosity and donation for University of Waterloo’s research facility.

As said in the press release, the objective of this partnership is so universities can educate their students about mobile app development, and give boost in terms of helping them get a job in the field as well as creating new opportunities in the mobile space. Previously, Microsoft and Nokia did the similar partnership with some of Indonesia’s top universities.

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