- Associated Press - Friday, October 10, 2014

DETROIT (AP) - Wayne State University has received a $25 million donation from an alumnus to establish an entrepreneurship program at its engineering college.

The university announced the gift founding the James and Patricia Anderson Engineering Ventures Institute on Thursday. It aims to encourage entrepreneurship among engineering and computer science faculty and to provide more mentors to students.

Students in the institute will also learn best practices in research innovation, technology transfer and commercialization.

James Anderson is president and CEO of Urban Science, an international automotive retail consulting firm based in Detroit.

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