Polytech MTL receives historic $50M gift to establish disruptive innovation institute

Polytechnique Montréal has received the largest gift in its history: a $50M donation from the Pierre Lassonde Family Foundation to establish a new institute dedicated to disruptive innovation. The institute will focus on nurturing scientific discovery, applying innovation to practical challenges, and bringing new technologies from the laboratory to the market. It will also aim to create jobs, opportunities, and vibrant economies in Québec and Canada. “[It’s] all about intellectual capital and about creating intellectual properties that will really be meaningful, that will create jobs, that will create economic activity, growth in Canada hopefully, and impact the world,” said Pierre Lassonde.