Renowned business executive, technology entrepreneur and philanthropist Mike Lazaridis pledged $20-million to Wilfrid Laurier University in Waterloo ON to create a management institute that will enhance business programs and support the growth of a globally competitive technology industry in Canada. The Ontario government is providing $15-million to support the initiative, as announced earlier this spring.
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Micheál Kelly, dean of the Laurier School of Business and Economics, said the Lazaridis Institute for the Management of Technology Enterprises will play an important role in Canadian business education and research.
“The investment by Mike Lazaridis and the Province of Ontario in the creation of this institute takes advantage of Laurier’s stellar track record for business education and research and will have significant impact on the ability of technology companies — in the Waterloo Region and across Canada — to grow and compete internationally,” added Kelly. “This will be a world-class institute designed to ensure that Canadian technology companies have the management talent and knowledge to compete in global markets.”