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YouTube co-founder Steve Chen has made a $1 million gift to his alma mater, the Illinois Mathematics and Science Academy in Aurora, to help build a new $1.9 million “Innovation Hub” modeled partially after the 1871 startup collaborative workspace at the Merchandise Mart.
School officials said they hope to open the 6,400-square foot center by late 2015 or early 2016. It will be an open space to house workshops, events for the Fox Valley business community, startup pitch contests and IMSA’s TALENT program, which teaches students about entrepreneurship.
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