Friday December 18, 2015 0 comments
COLORADO SPRINGS -- An anonymous donor has given Colorado College $8.5 million after the school was Ranked No. 3 on Forbes’ “Most Entrepreneurial College in America” and U.S. News and World Report ranked it first in innovation among national liberal arts colleges.
The donation will be used to support development of an innovation program, including building construction and a chaired professorship in innovation, according to a story in the Colorado Springs Independent.
“Colorado College is becoming a nationally recognized leader in innovation, so this commitment is not only extraordinarily generous, it’s timing could not be better,” said Jill Tiefenthaler, CC president, in the story.
“The funding will help us to make real and significant progress toward this important priority, which is highlighted in the college’s strategic plan.”
Of the $8.5 million, $6 million will be applied toward a planned $15 million innovation building, which will include a product realization lab, recording studio, idea space and food ecology lab.
The story said Colorado College plans to raise another $8 million before breaking ground on the new building.