RISE

A world-class innovation and entrepreneurship center being built on the site of the former Atherton YMCA will receive $500,000 in support. Hawaiian Electric Industries (HEI) and American Savings Bank(ASB) have each committed a $250,000 gift to the University of Hawaiʻi Foundation for the live-learn-work community at RISE—Residences for Innovative Student Entrepreneurs, which will be operated by the Pacific Asian Center for Entrepreneurship (PACE) at UH Mānoa’s Shidler College of Business.

Former bank president Rich Wacker and his wife, Eileen, have committed a $250,000 gift to the University of Hawaiʻi Foundation in support of the UH Mānoa’s Residences for Innovative Student Entrepreneurs (RISE) project, a world-class innovation and entrepreneurship facility coupled with student housing on the site of the former Atherton YMCA across from the flagship campus.