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PLANT

$3M to McMaster for eco-technologies


September 16, 2010
by PLANT STAFF

(L-R) Samir Chidiac, director, Walter G. Booth School of Engineering Practice joins: Patrick Deane, president and vice chancellor; Walter Booth, Irvine Hollis, Del Smith, Julius Brokloff, mechanical engineering class of ’62; and David Wilkinson, dean of the Faculty of Engineering.
Photo: McMaster University

HAMILTON: Six members of the engineering class of 1962 have donated $3,043,000 to McMaster University’s Faculty of Engineering in Hamilton to support entrepreneurs developing and bringing sustainable technologies to market.

The money will be used to establish the Class of ’62 Mechanical Engineering Chair in Eco-Entrepreneurship in the Walter G. Booth School of Engineering Practice, and the Fund for Sustainable Entrepreneurship. Funds.
The six alumni making the donation, the largest ever made to the faculty, are: Walter Booth, Julius Brokloff, Irvine Hollis, David Male, George Menzies and Del Smith.

“We thought a gift from past students to support future entrepreneurs would be an ideal way to mark the upcoming 50th anniversary of the class,” said Walter Booth on behalf of the donors. “Being part of a first class, and entrepreneurial ourselves, we appreciate the type of support and encouragement new ventures need to succeed.”

The search is now on for a holder of the Chair, which will investigate how public policy, like the Ontario Power Authority’s feed in tariff (FIT) program, can be developed and implemented to encourage entrepreneurship in sustainable technologies.

The gift builds on the $3 million previously donated by Booth to help establish the School of Engineering Practice.

There are 120 students currently enrolled in the school, formed in 2003 to provide engineers and scientists with the opportunity to pursue interdisciplinary master’s studies in entrepreneurship and innovation, public policy, engineering design, and manufacturing engineering.
PLANT STAFF, files from Canadian Press