The Clarence T.C. Ching Foundation has given $200,000 to the University of Hawaiʻi at Mānoa’s RISE— Residences for Innovative Student Entrepreneurs — project, a world-class innovation and entrepreneurship center coupled with student housing being built on the site of the former Atherton YMCA across from the flagship campus.
The gift helps to fund scholarships for student residents at the 374-bed live-learn-work community at RISE with programs operated by the Pacific Asian Center for Entrepreneurship (PACE) at the UH Mānoa Shidler College of Business.
Student residents who move into RISE for the fall semester will enjoy a brand-new housing community with like-minded students, and proximity to the wealth of UH entrepreneurship programs offered by PACE in the classroom, makerspaces, meeting rooms and co-working spaces on the floors below.
“We want every student who is a creator, changemaker and problem-solver to have the opportunity to live at RISE and be immersed in an environment where they can explore their passions and bring their ideas to life, however, the cost to live at RISE is a barrier for some of these students,” said PACE Executive Director Sandra Fujiyama. “Through the generous donation by The Clarence T.C. Ching Foundation, we are able to offer scholarships to these students as part of our PACE Leaders program and open the door to this unique opportunity.”