The Lassonde Entrepreneur Institute at the University of Utah announced today a $12 million gift from Pierre Lassonde, bringing his total contribution to $25 million. The new donation will be used for a transformative building for student entrepreneurs. Estimated to cost $45 million, the 148,000-square-feet facility will unite 412 residences with 20,000-square-foot “garage” space for students to gather, build prototypes and launch companies. Officials expect the building to catapult the university’s reputation for entrepreneurship education.

Image: http://lassonde.utah.edu - Pierre Lassonde has donated $25 million total to support entrepreneurs at the University of Utah. His latest donation will be used for a transformative new building. 

To read the original article: U Announces Gift for Transformative Entrepreneur Building | Lassonde Entrepreneur Institute | University of Utah