Dr. Dre & Jimmy Iovine Donates $70 Million To USC For A New Four Year Program

May 15, 2013 0

Dr. Dre & Jimmy Iovine Donates $70 Million To USC For A New Four Year Program

Dr. Dre and business partner Jimmy Iovine will donate $70 million to the University of Southern California. The endowment will be used to create the Jimmy Iovine and Andre Young Academy for Arts, Technology and the Business of Innovation. Set to launch in Fall 2014, the four year program will offer undergrads courses in entrepreneurship; technology, art, design and marketing. In a statement, USC President C.L. Max Nikias says:

“The vision and generosity of Jimmy Iovine and Andre Young will profoundly influence the way all of us perceive and experience artistic media. Our goal is to ensure that the academy is the most collaborative educational program in the world.”

The details of the four-year program, officially the U.S.C. Jimmy Iovine and Andre Young Academy for Arts, Technology and the Business of Innovation, are still being completed. The first class of 25 students will enter in fall 2014, selected for their academic achievement, the university said, as well as their ability for “original thought.”

At the core of the curriculum is something called “the Garage,” which will require seniors to essentially set up a business prototype. It appears to be inspired by technology incubators like Y-Combinator and universities like Stanford that encourage students to develop and pitch start-up ideas as class assignments.

via NY Times

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