Two recent ERC Advanced Grants were awarded for computational mathematics. Both Giuseppe Savaré, TUM-IAS Alumnus Hans Fischer Senior Fellow, Professor at Bocconi University in Milan, Italy, and his host, Massimo Fornasier, Professor of Applied Numerical Analysis at TUM, will each receive an Advanced Grant from the European Research Council ERC. The funding amount for Advanced Grants is up to 2.5 million euros each.
Both projects are concerned with solving non-convex optimization problems. Traditional iterative algorithms are of central importance for scientific computing but are generally limited to finding local optima. The aim is to develop new, efficient algorithms that reliably find global solutions for non-convex functions and are supported by rigorous mathematical methods. This could pave the way for scientific breakthroughs, for example, in the research of new drugs by optimizing molecular properties or in the improvement of materials for solar energy.
Read more here on their joint project at TUM-IAS and here on the TUM Press Release.