UTM receives $10 million from Mississauga for innovation complex

The University of Toronto Mississauga will receive $10 million over 10 years towards the construction of the university’s Innovation Complex, which will house “undergraduate and professional graduate programs that will be integrated with external business and community stakeholders, and aligned with key sectors of industry and commerce.” The 4-storey building, scheduled to open in September 2014, will be home to the Institute for Management & Innovation, and will include space for the Office of the Registrar, the Li Koon Chun Finance Learning Centre and the Departments of Economics and Management.  According to UTM, the construction is expected to create about 28 person-years of employment, $2.6 million in labour income, and nearly $1 million in business income in Mississauga. uToronto News Release