The Kostas Institute Benefactor
The Kostas Institute was made possible through a $12 million investment from alumnus George J. Kostas.
The son of Greek immigrants, Kostas graduated from Northeastern University with a bachelor’s degree in chemical engineering in 1943. He is considered a pioneer in synthetic rubber manufacturing, and founded Techno-Economic Services Co. in 1972.
Kostas’s long-standing relationship with Northeastern has led to generous support in the past, including a $2 million gift to found and establish the George J. Kostas Nanoscale Technology and Manufacturing Research Center. His philanthropy was critical in elevating Northeastern’s reputation as an early leader in the fast-growing field of nanoscale manufacturing; the center is the university’s focal point for all nanotechnology and nanomanufacturing activities.
Kostas was also instrumental in facilitating the Northeastern University/Greece Nanotechnology Initiative, which partnered Northeastern with Greek universities and research centers. He received the Outstanding Alumnus Award in 2003, and an honorary Doctor of Science degree in 2007.