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What you need to know for 08/19/2017

Standishes donate $1.5M to UAlbany

Standishes donate $1.5M to UAlbany

The University at Albany has received a $1.5 million gift from area philanthropists J. Spencer and P

The University at Albany has received a $1.5 million gift from area philanthropists J. Spencer and Patricia Standish, President Robert J. Jones announced Wednesday.

The funds will be used to endow a professorship in the University's School of Business.

The Standish Professorship will leverage three new tenure-track faculty positions in entrepreneurship that UAlbany will gain through Governor Cuomo's NYSUNY 2020 challenge grant. Those include two professors specializing in social entrepreneurship and a professor in life sciences entrepreneurship.

UAlbany recently opened a new $64 million School of Business building. Next fall, the School of Business will launch a new undergraduate program in digital forensics, which the college said will be the first of its kind in New York.

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