ARKADELPHIA, Ark., March 11 -- Henderson State University issued the following news release:

Tad and Judy Krug are joined by Dr. Nathan Campbell, left, dean of Henderson's College of Business, and Henderson State Chancellor Dr. Trey Berry, right.

Henderson State University's College of Business announced March 11 the creation of the Tad & Judy Krug Entrepreneurship Institute, a new initiative designed to connect the university with the Arkadelphia business community while giving students hands-on experience launching and growing new ventures.

Made possible through a significant gift from Henderson alumni Tad and Judy Krug, the investment provides both immediate operational funding and a permanent endowment to sustain the institute for ge...