IIT Alumnus Ed Kaplan Announces $10 Million Challenge Grant for Planned Innovation Center

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On February 28, IIT President John L. Anderson announced that alumnus Ed Kaplan (ME 鈥65), successful entrepreneur, innovator and long-time member of the Board of Trustees, along with his wife Carol, have created a $10 million Challenge Grant to support the university鈥檚 planned Innovation Center.

In the 1980s, Kaplan and his business partner developed The Zebra鈥攁 printer that made on-demand barcode printing possible. Their company, Data Specialties Inc., now known as Zebra Technologies, can be traced throughout the world鈥攍iterally. In fact, the 2012 Stuart team that won of the Americas Regional final of the CFA Institute Research Challenge presented on Kaplan's Zebra Technologies.