Students interested in starting a business could live, work and perfect their ideas in one place at a building center planned for the University of Utah.
The school's board of trustees approved the design and program for the Lassonde Living Learning Center Tuesday, which is slated to house about 400 students when it opens in Fall 2016.
"It's a space where they can come together and work together … live and get involved in random interactions that create the spark of entrepreneurship," said Troy D'Ambrosio, the executive director of the Lassonde New Venture Development Center. The $45 million project will be funded by a $15 million donation from mining magnate Pierre Lassonde and $30 million in bond proceeds to be paid off through the U.'s housing revenue.