Millennial Media co-founder Paul Palmieri and his wife, Diane Loiello Palmieri, are donating $1 million to establish an entrepreneurship center at Mount St. Mary's University, their alma mater.
The Palmieri Center for Entrepreneurship will offer workshops, networking and mentorship opportunities and other resources to help students hone their entrepreneurship skills. The center is expected to open later this year.
"It's truly a program for those interested in changing the world," said Mount St. Mary's University Interim President Tim Trainor, in a statement.
Palmieri and business partner Chris Brandenburg founded Millennial Media in 2006 and grew it from a...