The Loyola Marymount University College of Business Administration accepted a $5 million endowment for its nationally ranked Center for Entrepreneurship at a recent dedication. In keeping with the donor's wishes, the center was renamed for its founder, one of LMU's longest-serving professors, Fred Kiesner.

The Fred Kiesner Center for Entrepreneurship, thanks to the generosity of the Valenta Family, will have the means to compete for the best faculty, develop new courses, and complement its curriculum with speaker events, networking opportunities, hands-on experience and service activities.

LMU Executive MBA students and alumni will benefit from the capabilities of the Kiesner Center. The EMBA program includes a Professional Development Planning component, using executive coaches, which has helped several students choose entrepreneurial careers after graduation. The Executive MBA alumni “MasterMinds” group provides an active support network for entrepreneurially-minded alumni.