Dr. Dre and Jimmy Iovine Break Ground For New USC School

Dr. Dre and Jimmy Iovine were on hand at a groundbreaking ceremony for their new school at USC.

(AllHipHop News) Rapper Dr. Dre and producer Jimmy Iovine have begun construction on a new building for their University of Southern California arts and technology academy.

The legendary musicians attended a breaking ground ceremony on Thursday at USC's Los Angeles campus, where construction work will begin on the USC Iovine and Young Academy.

Dr. Dre, real name Andre Young, and Iovine endowed the university with $70 million in 2013 to help found their own arts institution. Their academy began admitting students the following year, but until now had no classrooms of its own.

Speaking to America's ABC news network Iovine said he hoped students who will receive a bachelor of science degree in arts, technology and the business of innovation, would learn how to combine creativity with entrepreneurial skills.

"I'm hoping that it will bring to them independence of thought to be able to work in the world between technology and liberal arts," he explained. "The goal is to offer students an interdisciplinary approach that encourages entrepreneurial spirit while training them in technical and business skills."

USC bosses hope to officially open the buildings in 2019.

In 2006, Dr. Dre and Iovine founded their own headphones and audio company, which was bought by Apple eight years later for more than $3 billion.

The first students to graduate from the academy will receive their degrees in May next year.

However, students have already attracted interest in their business ideas - as Prism, a virtual reality startup founded by undergraduates has already attracted investors including musician and technology entrepreneur will.i.am.

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