On Monday, Feb. 12 at 11 a.m., High Point University President Nido Qubein will have a couple of important announcements – one involving a very generous financial gift to the school and another, not coincidently, the name of the university’s new School of Entrepreneurship.

This week’s announcement of next week’s announcement states that “HPU President Nido Qubein will unveil the official name of HPU’s new School of Entrepreneurship and make a major announcement about a substantial and generous 8-figure gift that the university recently received.”

The new school will be the state’s first private school of entrepreneurship and one of only two schools of entrepreneurship in North Carolina.

 The university is well known for attracting large donations: HPU has received philanthropic investments totaling more than $200 million over the past two years – and this latest large gift comes as the university celebrates its centennial anniversary in 2024.

 For those not good at math, the lowest amount an 8-figure gift can be is $10,000,000, unless the school is counting decimal points, but the Rhino Times does not believe that is the case.

Since Qubein’s arrival as HPU’s president in 2005, the university has grown from three academic schools to 14. The School of Entrepreneurship is part of a $400 million academic expansion that’s expected to be completed by the end of the 2024-2025 academic year.

That expansion also includes a new dental school, law school, nursing school and school of optometry.

The February 12  ceremony will take place at the Plato S. Wilson Commerce Building at One N. University Parkway in High Point.