Capital One’s efforts to cultivate tech talent are spreading to College Park, Md.

The Tysons Corner, Va.–based financial giant is opening a new innovation lab just outside the University of Maryland’s campus that will focus on developing a pipeline of tech talent, the two entities are announcing on Tuesday.

Being Capital One, there is also money involved. Specifically, Capital One’s is making a $3 million endowment gift is geared toward advancing machine learning, cybersecurity and data analytics. About $2.1 million is going toward a new faculty chair in the university’s computer science department. That amount was matched by funding from the Maryland Department of Commerce.

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