News Story | Virginia Tech News | Virginia Tech

News Story | Virginia Tech News | Virginia Tech: "$1 billion Campaign for Virginia Tech: Invent the Future is announced By Michael Kiser BLACKSBURG, Va., October 20, 2007 -- Virginia Tech President Charles Steger today announced a $1 billion fundraising goal for The Campaign for Virginia Tech: Invent the Future. The announcement marks a new era in private fundraising for the state’s most comprehensive research university. Virginia Tech’s previous campaign, concluded in October 1998, raised $337 million. Steger’s announcement regarding The Campaign for Virginia Tech: Invent the Future came during a black-tie ceremony to launch the public phase of the campaign. More than 700 people attended the event in a 26,000 square foot tent outside the Holtzman Alumni Center on Virginia Tech’s main campus. While the public phase of the campaign has just begun, groundwork for the enterprise was laid starting in July 2003. During the campaign’s so called “quiet phase,” more than $550 million was committed."
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