Diversity & Inclusion

Paul Palmieri donates $1 million for entrepreneurship center at Mount St. Mary’s U

The Western Maryland university is the alma mater of the Millennial Media cofounder and his wife.

Paul Palmieri. (Courtesy photo)

Before he was the CEO of Millennial Media, Paul Palmieri went to Mount St. Mary’s University in Emmittsburg.
This week, the university said Palmieri is making a donation to help the next generation of entrepreneurs.
Palmieri and his wife, Diane Loiello Palmieri — who is also an alum — are giving $1 million to launch the Palmieri Center for Entrepreneurship.
It will provide programming like workshops and business plan competitions, along with mentorship and startup immersion. The university is also developing a major and minor in entrepreneurship.
“We believe the Mount is the perfect place to establish the center because it has a rich history of graduates who have gone on to become successful entrepreneurs — it’s in the university’s DNA,” Paul Palmieri said in a statement.
The center will open in the fall after hiring a director. Here’s the job posting.

Before you go...

Please consider supporting Technical.ly to keep our independent journalism strong. Unlike most business-focused media outlets, we don’t have a paywall. Instead, we count on your personal and organizational support.

Our services Preferred partners The journalism fund
Engagement

Join our growing Slack community

Join 5,000 tech professionals and entrepreneurs in our community Slack today!

Trending

Tech lab space opening in new 4MLK building, thanks to $2M in public funds

EDA officials are ‘hopeful’ Tech Hubs program will live on under Trump

AI is being used in more and more of the hiring process, especially at high-volume companies

From rejection to innovation: How I built a tool to beat AI hiring algorithms at their own game

Technically Media