The Smith School's Center for Global Business is home to one of 17 Centers for International Business Education (CIBE) in the country. CIBE, a Title VI grant provided by the U.S. Department of Education, serves as a regional and national resource center for teaching, research and outreach in international business and related fields. The CIBE grant for the Smith School Center for Global Business was renewed for the fourth time in 2014 with a $1 million four-year grant with 100% matching funds from the Smith School and University of Maryland.
The mission of the CIBE grant is to promote U.S. capacity for international understanding and economic enterprise and the ability of U.S. business to prosper in an international economy.
In this grant period, the Smith School Center for Global Business focuses grant research and programmatic activities on the historical rise of new economic powers and their impact on the world economy and the potential for U.S. success.
The Smith School Center for Global Business fulfills the mission of the CIBE grant through four pillars:
- Top Quality Research & Thought Leadership in International Business
- Prepare Students for Global Leadership
- Faculty Development in International Business
- Build Critical Knowledge and International Skills of Business Professionals
As one of 17 recipients of the CIBE grant nationwide, the CIBE network links the manpower and technological needs of the United States business community with the international education, language training, and research capacities of universities across the country.