EAST LANSING, Mich. (AP) — A $3 million gift to Michigan State University seeks to help bolster entrepreneurship.

The East Lansing school announced Monday that Larry Gaynor, president and CEO of TNG Worldwide, and his wife, company vice president Teresa Gaynor, made the donation to create the Gaynor Entrepreneurship Lab on the first floor of the school's Business Pavilion.

The lab will feature flexible space that those involved say is conducive for hosting entrepreneurship-focused business courses and group work.

Larry Gaynor, a Michigan native, earned a bachelor's degree in accounting from the Broad College of Business in 1977. TNG Worldwide is a beauty products distributor and manufacturer. The company's customers include salons, spas, retailers and distributors.

Copyright 2017 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

(0) comments

Welcome to the discussion.

Keep it Clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
PLEASE TURN OFF YOUR CAPS LOCK.
Don't Threaten. Threats of harming another person will not be tolerated.
Be Truthful. Don't knowingly lie about anyone or anything.
Be Nice. No racism, sexism or any sort of -ism that is degrading to another person.
Be Proactive. Use the 'Report' link on each comment to let us know of abusive posts.
Share with Us. We'd love to hear eyewitness accounts, the history behind an article.