 In October 2005, a local Orlando investment company, the Tavistock Group, donated $12.5 million and of land to UCF to help establish the UCF Medical School at Lake Nona, and issued a challenge to the Orlando community to help the university raise an additional $12.5 million to boost the total amount of raised funds to $25 million.This $25 million was eligible for a matching grant from the state; thus giving UCF the needed $50 million to create a new medical college.UCF received well over $100 million in donations, state-matching funds, and land value for the medical college's establishment.