The University of Michigan-Flint is getting two million dollars to start a Center for Entrepreneurship.
The money comes from Philip Hagerman. The founder of a Genesee County pharmaceutical company says the center will benefit the wider Flint community.
“And attract bright young minds who can make a difference here today and also for long into the future,” says Hagerman.
The gift is one of the largest in U of M Flint’s history.
The donation will support the newly established Hagerman Endowed Professor of Entrepreneurship and Innovation. The university will launch the Entrepreneurship and Innovation Management major starting in the fall of 2015.