A new technology business incubator is breaking ground today October 30th at 10:00 AM. with a check presentation and groundbreaking ceremony. Speakers at the event will include Congresswoman Marcy Kaptur, Mr. Nitschke and state government representatives. The event will take place near the Nitschke auditorium.
The University of Toledo received a total of $4,000,000. The donors include Norman Nitschke and grant from the U.S. Department of Commerce’s Economic Development Administration and some State and local money as well.
The grant will go toward a new, 40,000-square-foot building that will consist of laboratories and office space to house a mix of technology startup companies. Construction is expected to be complete in fall 2009.
Link to UTNews
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