Purdue University has received a $10 million commitment from the AGE Fisher Family Foundation to establish an innovation and entrepreneurship center within the College of Engineering. The foundation was created by longtime donors Jeff (BS electrical engineering ’80) and Edie (BS retail management ’80) Fisher.
The Hub for Innovation, Ventures and Entrepreneurship (HIVE) will be located in the heart of campus within the Duncan Annex of the Max W & Maileen Brown Family Hall of Electrical Engineering.
“We are deeply grateful to the Fisher family for this transformational gift, which will empower Purdue to continue leading the way in innovation, entrepreneurship and higher education,” said Purdue President Mung Chiang. “Purdue Innovates is an overall program that supports Boilermaker inventors and entrepreneurs across many colleges. This generous gift will accelerate and amplify the success of entrepreneurs in the College of Engineering, with transformational leadership as demonstrated by Jeff Fisher in his own career.”
Jeff Fisher, who built his career during the Silicon Valley semiconductor technology boom, joined NVIDIA in 1994 and continues to work there as a senior executive. NVIDIA’s invention of the GPU, or graphics processing unit, helped spark the growth of the PC gaming market, revolutionize parallel computing and ignite the recent adoption of AI in virtually every industry.
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