TAMPA — A $2.9 million gift will help establish a new University of South Florida program to promote entrepreneurship.
The gift comes from Frank and Ellen Daveler, described in a news release as "accomplished entrepreneurs in the aerospace, engineering, and scientific instrument manufacturing arenas.''
The Frank & Ellen Daveler Entrepreneurship Program at USF's Muma College of Business will help undergraduate students prepare to start businesses.
It will focus first on west- central Florida, eventually expanding to help pay for the education of students at any accredited Florida university.
Frank Daveler said he hopes the new program will allow novice entrepreneurs to avoid many rookie mistakes, including a few lessons he learned the hard way.