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Innovista still retains the support of many faculty members at the University of South Carolina, despite problems the school has had in building and managing the research campus.
USC board of trustees chairman Miles Loadholt told The State on Monday that Innovista can succeed and create jobs despite the failure of two developers to build the private portion of the research campus.
The USC Development Foundation might be willing to use its private endowment — land and money — to build the university’s struggling Innovista research campus, but can’t consider it until all financial issues are resolved with the former developer, foundation officials said.
With the firing of its second developer, USC is starting over with one of the most visible and important facets of its Innovista research campus — two private research buildings intended to attract entrepreneurs.
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