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Kate Tiedemann

Mark Schreiner / WUSF 89.7 News

The building that will house University of South Florida St. Petersburg's College of Business will bear the name of a woman who worked her way up in a Tampa Bay corporation from payroll clerk to Chief Financial Officer.

Mark Schreiner / WUSF 89.7 News

Last week, the University of South Florida unveiled a new name for its USF Muma College of Business.

Tuesday, USF St. Petersburg's Kate Tiedemann College of Business got in on the action by breaking ground on a new building.

If the University of South Florida wants more state money to build a new medical school, they first need to decide where they want to build it.

That was the caveat laid down by the Florida Board of Governors' faculty committee at a meeting in Jupiter Wednesday.

USF St. Petersburg

The University of South Florida St. Petersburg is naming its College of Business after a Pinellas County entrepreneur who came to America on a steamship and worked her way up to starting her own internationally-known company.

The USF System Board of Trustees approved the new name - the USFSP Kate Tiedemann College of Business - at its meeting Thursday.