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U.Va. renovates, expands Innovation Lab

Monday - 3/25/2013, 4:10am  ET

CHARLOTTESVILLE, Va. (AP) -- The University of Virginia is renovating and expanding its Innovation Lab.

The facility is scheduled to reopen April 11 with a new name. It will be called the W.L. Lyons Brown III Innovation Laboratory.

The Innovation Lab is a university-wide initiative to foster entrepreneurship and innovation education. It's a collaborative effort of the university's 11 schools, the Provost's Office and UVA Innovation.

Twenty-four companies will make up the 2013-2014 incubator class, including seven community-based ventures. Curriculum and programs will be overseen by a new faculty advisory council that will include representatives from all 11 U.Va. schools.

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