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Entrepreneur Mimi Feliciano Receives Honorary Degree

University benefactor is honored with degree she began decades ago

Posted in: Business, University

Mimi Feliciano received an honorary degree at the evening Feliciano School of Business ceremony, Monday, June 7, 2021.
Mimi Feliciano received an honorary degree at the evening Feliciano School of Business ceremony, Monday, June 7, 2021.

精品成人福利在线 University awarded Mimi Turco Feliciano an honorary Bachelor of Science degree at the Monday evening Feliciano School of Business Commencement ceremony on opening day of a week of ceremonies.

It was a milestone long delayed for Feliciano who has credited the University with providing the foundation for her successful career even though she did not complete her degree when she attended decades ago.

In conferring the honor, President Susan A. Cole told Feliciano, 鈥淵ou have achieved distinction in your career as a successful entrepreneur and business leader, and have made outstanding contributions to 精品成人福利在线 University and to the business community of New Jersey.鈥

Feliciano is the Chief Executive Officer of FEM Real Estate, which she co-founded with her husband, Edwin Feliciano, after serving as the Chief Executive Officer of Lincoln Park Healthcare. Feliciano has been named to ROI-NJ鈥檚 Influencer: Women in Business 2021 list and NJBIZ鈥檚 Top 50 Power List, and has been named a New Jersey Business Hall of Fame Laureate, and received the University鈥檚 Carpe Diem Award in 2012.

鈥淵our generosity and commitment have left their mark on the University in many ways, including the Mimi and Edwin Feliciano School of Business, the Feliciano Center for Entrepreneurship & Innovation, and The Global Center on Human Trafficking,鈥 said Cole. 鈥淵ou continue to support the University and its students by serving on the advisory boards of the Center for Entrepreneurship & Innovation and School of Business, and even by teaching master ballroom dance classes in the College of the Arts.鈥

Cole鈥檚 remarks then turned more personal: 鈥淢imi, today, many years since you first came to 精品成人福利在线 as a freshman, I am proud to say that you are earning your degree.鈥

Honorary degree recipient Mimi Feliciano on the platform with her husband, Edward.
Honorary degree recipient Mimi Feliciano on the platform with her husband, Edwin Feliciano ’82.

鈥淲ith the many hundreds graduating today, you now become an alumna of 精品成人福利在线 University, and we are proud to call you one of our own.鈥

During her remarks, Feliciano shared a story of her early days at 精品成人福利在线, fresh out of high school with her only business experience being that of working on her father鈥檚 books in the family construction business.

As a first generation student, Feliciano said two things dominated her thinking: 鈥淚 felt like I wasn’t good enough and that I never had enough money.鈥 She recalled a story in an accounting class where the professor chastised her when she protested that her father鈥檚 checkbooks were always overdrawn and his business was successful. She went home and promptly informed her father that, per her professor, he was bankrupt.

鈥淟ook at what we’re building,鈥 Feliciano鈥檚 father told her. 鈥淲e started from nothing. 鈥 You can look at it as you have nothing. Or look at it as you are building an empire and you are short on cash.鈥

鈥淗e was a true entrepreneur. He had a big vision and he always believed in growing the business,鈥 said Feliciano.

Feliciano鈥檚 father told her: 鈥淵ou know, Mimi, you’ve got to believe in yourself.鈥

鈥淭oday, my name is on the School of Business,鈥 Felicano proclaimed, 鈥渁nd it’s in reach for you too. Believe in yourself and don’t sweat it if you’re a little short on cash.鈥

The ceremony also held significance as Feliciano鈥檚 friend and fellow supporter of the University Michele Ansbacher was awarded with the Distinguished Alumna Award for the Feliciano School of Business.

鈥淐ongrats to my friend, Mimi, who I met through our work on the Advisory Board. I鈥檓 struck by the fact that two Jersey girls from Nutley and Belleville are sharing the stage today,鈥 Ansbacher said in her address. Then to students, she said, 鈥淚 congratulate each of you on your achievement.聽Your diploma represents the courage, character and sacrifice you needed to be sitting here today.鈥

The ceremony was one of three for the Feliciano School of Business and one of 18 ceremonies held by 精品成人福利在线 in an effort to have safe outdoor ceremonies during the pandemic.