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Mississauga gives U of T $10 million for innovation centre

After 12 years on the back shelf, the University of Toronto’s Mississauga campus is going ahead with a new "innovation complex."

"The Innovation Complex is a new facility that will house UTM's signature Institute for Management and Innovation (IMI)," says Deep Saini, principal of UTM. "The Institute is taking a novel approach to management education by offering sector-specific management education. IMI will be focused on educating mission-oriented graduates whose skills are aligned to specific sectors of industry and commerce, and who are deft at translating novel ideas into innovative applications for the society’s benefit.

"In addition to strong undergraduate programs in commerce and business administration, IMI also offers established and new professional graduate degrees in key economic sectors such as biotechnology, health care, professional accounting and environmental sustainability. UTM plans to grow student enrolment in IMI by 35 per cent – or by 700 – and hire approximately 30 new professors from around the world. Some space in the new building will be also occupied by administrative and academic offices, especially those involved in enrolment management."

The project is being funded by $25 million from U of T and a newly announced $10 million from the city of Mississauga.

The centre, which is being built on an open space behind the existing Kaneff Centre, will be headed up by Professor Hugh Ganz.

Writer: Bert Archer    
Source: Deep Saini
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