News Summary

Polytechnique Montréal has received a historic donation of $50 million from Quebec-born businessman and philanthropist Pierre Lassonde. The donation will establish an institute dedicated to disruptive innovation, focusing on developing technologies to address immediate global challenges. The institute aims to invest in intellectual capital and create meaningful intellectual properties that generate jobs and economic growth in Canada. The funding will not go towards infrastructure but rather towards nurturing talent and fostering research that bridges the gap between discovery and application. This initiative is expected to enhance Polytechnique’s position at the forefront of technological innovation, with projects such as creating medical imaging tools that reduce radiation exposure.