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September 21, 2009

New Renaissance Computing Institute Director Inherits 35% Budget Cut

Rick Smith

Budget cuts within the University of North Carolina system last week took a huge 35 percent bite out of funding for one of the Triangle’s highest profile technology efforts — the Renaissance Computing Institute (RENCI). Inheriting as budget that was sliced from more than $11 million and a staff that will be cut by 23 people is Stanley Ahalt, who agreed to take over RENCI last month. Eighteen people were laid off, and another five positions will not be filled.

Full story at Local Tech Wire