Virginia Tech launches massive fundraising campaign, in part for its innovation campus

Jonathan Capriel
Virginia Tech launches massive fundraising campaign, in part for its innovation campus

Virginia Tech has embarked on a $1.5 billion fundraising campaign, the largest in the university's history, in part to help fund its $1 billion planned innovation campus in Alexandria. Roughly $250 million from the campaign will be earmarked for the new campus, a project that had helped convince Amazon.com Inc. (NASDAQ: AMZN) to build its second headquarters a few miles away in Arlington. The university said the fundraising and engagement campaign, planned to run for seven years, is the most ambitious it's ever launched.