Ohio State plans software innovation center with $110M gift
Ohio State University says it plans to use a $110 million donation from IT innovator and executive Ratmir Timashev’s family foundation to establish a software innovation center with the goal of becoming a hub for new ideas, entrepreneurship and product development
COLUMBUS, Ohio (AP) — Ohio State University announced plans Thursday to use a $110 million donation from IT innovator and executive Ratmir Timashev's family foundation to establish a software innovation center with the goal of becoming a new hub for new ideas, entrepreneurship and product development.
It is the largest gift in the university's history.
“The idea is very simple,” Timashev told the university's board. “To make Ohio State, Columbus and the Midwest the new high-tech mecca.”
The Center for Software Innovation will bring together the College of Engineering, the Fisher College of Business and other partners in new ways, including through the creation of endowed professorships, cutting-edge academic offerings and hands-on industry experience for students, the university said.
