President M. Duane Nellis and other university officials will open the building Aug. 5.
WHAT: Ribbon cutting ceremony for the Texas Tech Innovation Hub at the Research Park
WHEN: 5:30 p.m. Wednesday (Aug. 5)
WHERE: Texas Tech University Research Park, 3911 Fourth St.
EVENT: Texas Tech's continued commitment to innovation and entrepreneurship will reach a significant milestone on Wednesday (Aug. 5) with the official ribbon-cutting ceremony for the Texas Tech University Innovation Hub and Research Park.
The 40,000-square-foot, $29 million facility near the corner of Fourth Street and Quaker Avenue will promote entrepreneurialism, innovation and partnerships between the academic and business communities to further research efforts in a myriad of areas. The facility will have both traditional laboratories and computer visualization facilities. Individuals, groups or businesses can lease space in the facility to conduct research, making it separate from the rest of the Texas Tech campus and specifically designed so that outside factors, such as air quality or traffic on nearby streets, will not affect experiments or research being conducted inside.
One company has already committed to moving into the facility. Chromatin, an agbiotech company headquartered in Chicago dedicated to uncovering solutions to some of the biggest global agricultural issues today, will move its research and development team to the Innovation Hub, creating approximately 12 new jobs.
Texas Tech Chancellor Robert Duncan, President M. Duane Nellis, Vice President for Research Robert Duncan and Vice Chancellor for Facilities, Planning and Construction Michael Molina will speak at the ribbon cutting.
CONTACT: Chris Cook, managing director, Office of Communications and Marketing, Texas Tech University, (806) 742-2136 or firstname.lastname@example.org.