San Diego State University just received a generous gift from the locally based Moxie Foundation.
The organization donated $5.1 million to the university to help expand entrepreneurial programs.
The endowment will establish a professorship, a graduation prize and a design thinking platform.
Listed among the top 25 on FORBES Magazine’s list of America’s Most Entrepreneurial Universities, SDSU officials say their school is already considered a top center for innovation.
The donation will to expanding the Zahn Innovation Center created in 2012. Dubbed the Zahn Innovation Platform, the additions will include a campus-wide hub for entrepreneurial collaboration, a lab and creativity lounge to help turn ideas into companies.
The Zahn Professorship of Creativity and Innovation will be a rotating two-year appointment for faculty members to support entrepreneurial initiatives for students and faculty.
The Irwin Zahn Spirit of Innovation Prize will cover a graduate’s student debt allowing them to pursue business goals without hindrance.
This is the Moxie Foundation’s third gift to SDSU.