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UT Board of Regents approves campaign for global knowledge community

The University of Texas System Board of Regents recently approved the request of the IC2 Institute to pursue a capital campaign which, if successful, will result in an allocation of up to 25 acres of land for the construction of the Institute’s Global Knowledge Community (GKC). The site approved for this facility is on the J.J. Pickle Research Campus at Braker and Mopac that currently houses the Microelectronics Computer Consortium (MCC) as well as the Austin Technology Incubator (ATI).

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AUSTIN, Texas—The University of Texas System Board of Regents recently approved the request of the IC2 Institute to pursue a capital campaign which, if successful, will result in an allocation of up to 25 acres of land for the construction of the Institute’s Global Knowledge Community (GKC). The site approved for this facility is on the J.J. Pickle Research Campus at Braker and Mopac that currently houses the Microelectronics Computer Consortium (MCC) as well as the Austin Technology Incubator (ATI).

“By committing this land to IC2, the board of regents is christening our campaign to raise funds to build an ambitious center for entrepreneurial education, leadership and global community outreach,” said the Institute’s visionary and founder, Dr. George Kozmetsky.

The purpose of the Global Knowledge Community is to transform the University of Texas and Austin into an unparalleled global resource for building, linking and sustaining technopoli. A “technopolis” is a geographical concentration of economic activity driven by high technology enterprise. The IC2 Institute is one of a few existing technopoli facilitating organizations that accelerates the development of technopoli, which in turn leads to faster wealth creation and greater opportunities for prosperity sharing.

IC2‘s GKC will house entrepreneurs, business leaders, venture capitalists, network organizations, students and faculty as well as professional service organizations and societies who comprise the “knowledge” wealth that will propel Austin and the University into a global leadership position,” said Dr. Robert Ronstadt, director of the IC2 Institute. “The Global Knowledge Community will be a model of wealth creation and prosperity sharing for the new millenium.”

Chris Lake Marcum, director of development, noted that efforts are now under way to raise the $30 million required to build and furnish the Global Knowledge Community on the J.J. Pickle campus site.

The IC2 Institute of The University of Texas at Austin is a unique, non-traditional center for research and educational excellence. The Institute’s mission is to combine technology, entrepreneurship and education to improve the world via wealth creation and prosperity sharing.