Tom Golisano, billionaire founder of Paychex, former Buffalo Sabres owner, and a Rochester philanthropist after whom the Golisano Children’s Hospital at Strong is named, may soon be known for one more accomplishment within the Rochester community — founding a business school called the The Golisano Institute of Business and Entrepreneurship.
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The school will offer a 44-week program for high school students, young professionals, entrepreneurs and others at cost of $8900 a year, payable in two installments. The goal is to turn out 250 graduates each year. Golisano said the school is still working to hire faculty and staff. The first session is slated to start in September 2023.
The classes will be offered at the former Paychex building on Sawgrass Drive in Brighton. Although not accredited, Golisano said students could take all the business courses and then transfer credits to a four year school such as St. John Fisher or RIT], for a 4-year business degree,” said Golisano at a recent press conference. “The idea is they can get a very broad education in shorter period of time and less money than a traditional degree.”
The Institute is being organized and funded by Golisano himself.
