has announced a $50 million gift from Verizon to name the executive education center on its new Roosevelt Island campus in New York City.
Part of the first phase of campus construction, the Verizon Executive Education Center will be a place where the tech community can come together with Cornell Tech students to bring cutting-edge ideas to market. The center's programs and events will also create a platform for Verizon to develop customized center-based programs for its executives and customers.
"Cornell Tech is a place for technology innovators and leaders in New York City and around the world, and we are thrilled that Verizon is joining with us to create an executive education center built to provide novel educational and collaborative programs focused on the digital age," said Cornell Tech dean Daniel Huttenlocher.
"This is a transformative gift that will help enormously to advance our mission of bringing academia and industry together," said Cornell University president David J. Skorton. "The campus will welcome everyone interested in using technology to advance the economy and to make the world a better place, and the Verizon Executive Education Center will be at the center of it."