Developer, wife giving $2 million for professorships

URBANA – Champaign developer Peter Fox and his wife Kim are giving $2 million to the University of Illinois to help recruit top professors and promote business growth in Champaign-Urbana.

The $2 million will fund four professorships at $500,000 each, with priority given to faculty who are involved in private business and in the development and transfer of UI technologies to the private sector.

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