Montclair State University announced yesterday the creation of the Mimi and Edwin Feliciano Center for Entrepreneurship at the School of Business.

Mimi Feliciano, a member of Montclair State’s School of Business Advisory Board, and her husband Edwin, an ’82 MSU graduate, run Lincoln Park Healthcare, a family-owned and operated company that provides hospice and residential nursing care.

Their $1 million donation will fund the new center and its entrepreneurial development program, which will help MSU grads prepare for success in the competitive global economy.

“Eddie and I are entrepreneurs at heart and wanted to provide a network of resources and support for the next generation of entrepreneurs,” Mimi Feliciano said in a press release. “For us, it’s exciting and inspiring to be part of an initiative that will empower students to fulfill their entrepreneurial dreams.”

E. LaBrent Chrite, the School of Business Dean, added: “The Feliciano Center will reflect the dynamism of the entrepreneurial process evident in today’s marketplace by teaming traditional classroom-based coursework with experiential, action-based opportunities. Under the direction of faculty members, entrepreneurs, and business professionals, and with the support and guidance of critical external stakeholders, students will gain deep exposure to the concepts of new venture creation.”