Sue Ryan | November 18, 2019
John and Cathy Martin of Hinsdale, Illinois, have contributed $5 million to support and endow the University of Notre Dame associate provost for innovation. Vice President Bryan Ritchie, who leads the IDEA Center, the University’s hub for innovation and commercialization, will now hold the title of Vice President and Cathy and John Martin Associate Provost for Innovation.
“We are exceedingly grateful to John and Cathy for their leadership, involvement and support of Notre Dame’s innovation and entrepreneurship efforts,” said Thomas G. Burish, the Charles and Jill Fischer Provost at Notre Dame. “Their generosity will help to provide the funds needed by the associate provost for innovation to help our faculty, staff and students explore the market potential of the intellectual property they have developed. This is a truly important gift.”
Since its opening in fall 2016, the IDEA Center has launched 62 startup companies, including 35 by Notre Dame students. Ritchie is in his third year leading the University’s innovation and entrepreneurship programs.
“Creating an ecosystem of entrepreneurship and innovation benefits everyone, including faculty, students, alumni and the community,” Ritchie said. “Deep engagement and support, both financial and operational, from philanthropists like John and Cathy Martin create a solid foundation on which Notre Dame can build a best-in-class commercialization center.”
Read more here.