In its first year, the Lassonde Studios has proven to be a huge springboard for a group of aspiring entrepreneurs.

The $45 million student innovation building opened last summer at the University of Utah and resulted in year-over-year increases in student participation in Lassonde Entrepreneur Institute programs, scholarship amounts, cash prizes, the number of startup teams and more, according to a report from the institute, part of the university’s David Eccles School of Business.

“We built Lassonde Studios to create a unique space that would engage more students in our already impressive entrepreneur program, and the data in our annual report shows the impact of the building,” said Troy D’Ambrosio, executive director of the Lassonde Institute and an assistant dean at the Eccles School. “We reached many of our goals this year, and we look forward to building on our momentum.”

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