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YouTube co-founder and alum donates $1M to Illinois Math and Science Academy

By staff and wire services reports
November 19th, 2013

YouTube co-founder Steve Chen has made a $1 million gift to his alma mater, the Illinois Mathematics and Science Academy in Aurora, to help build a $1.9 million “Innovation Hub” modeled in part after the startup collaborative workspace at the Merchandise Mart, called 1871, the Chicago Tribune reports. School officials announced the donation Thursday, saying they hope to open the 6,400-square-foot center by late 2015 or early 2016. It will be an open space to house workshops, events for the Fox Valley business community, startup pitch contests and the academy’s Total Applied Learning for Entrepreneurs program, which teaches students about entrepreneurship…

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staff and wire services reports