Some of the specific initiatives that will be undertaken by the Babson Global Entrepreneurship Education Network (GEEN) will result in innovative approaches to solving global issues at local and regional levels that will create economic, environmental changes that are needed to sustain and perpetuate real value.
- The creation of an annual Babson Symposium for Global Entrepreneurship Education to be held at Babson College. The symposium would be the start of a clinical-residential year where educators would spend time at Babson (learning to teach) or in an entrepreneurial environment (learning the practical side) or a combination of both. This symposium would be the most significant offering in entrepreneurship education worldwide.
- A dramatic and sustained expansion of overseas programs based on SEE, which will target broader audiences than is currently the case, and will be scheduled annually in key locations around the globe.
- The localization of their materials to meet the relevent needs of communities, businesses, and governments around the world.
- Continuation of their work with the Commonwealth of Massachusetts, resulting from the release of the first ever Babson Entrepreneurship Monitor (BEM) for the State. The collaboration modeled there demonstrated the first time that this methodology, designed to measure entrepreneurial activity, has been applied at the state level everywhere in the US
- The creation of a state-of-the-art virtual web-center for GEEN - this would allow on-line education and classes, blogging, dissemination of best practices, and professional network support; thus resulting in greater outreach.
- A certification program that will 'license' their approach to influential educators who will disseminate knowledge on a global and unprecedented scale. They envision this prorgam being one that can be replicated by other institutions.
- The College would invite those from the certificate program to Babson to engage in teaching assignments on the Babson campus - ensuring that the best global practices and experiences are not only brought back to Babson, but are then 'paid forward' by their graduates throughout the world.
Through Babson's Global Entrepreneurship Education Network (GEEN), the College will develop high impact entrepreneurial leaders around the world - particularly in the economies and societies where such leadership is most in demand.
By dramatically building on the foundation of their highly successful Price-Babson Symposium for Entrepreneurship Educators (SEE), which has demonstrated our unique capabilities to 'teach the teachers,' the Babson Global Entrepreneurship Education Network (GEEN) will build a global community of Babson trained educators that will deliver their unique and highly successful brand of educating new and emerging leaders around the world. Since 1984, Babson College has trained over 1,880 academics and entrepreneurs from 510 academic institutions, government organizations, and foundations in 55 countries. By expanding their efforts through GEEN, they will provide for wider dissemination of our expertise and will reach thousands more who need what today's entrepreneur provides society.
June 2009: completion of the internal fundraising to support the Babson Global Entrepreneurship Network
September 2009: completion of the first phase of our on-line presence.
Spring 2010: Symposium for Global Entrepreneurship Education is planned for 2010 spring launch
Academic Year 2010-2011: Certification program ready for admission
This commitment will be evaluated against the following targets:
- Number of new entrepreneur educators in year one, world-wide, capable of creating within themselves and in others a desire to create opportunities for lasting change in developing communities and countries: 400-500
- Number of Babson alumni, worldwide, with access to the GEEN webiste who will be engaged in societal efforts in their own communities to create the social changes needed: more than 1600
- Number of graduates from their certificate programs working with Babson undergraduate and graduate students to create curriculum and programs for the betterment of local communities world-wide: 200 with more than 75 Babson students annually and upwards of 1000* impacted.
* A recent example was their program in Ghana in which over 1000 Ghanaian learners, from high school through adulthood, benefitted from our teaching of entrepreneurship and business skills.
Members of the College's leadership team will create annual critical few objectives related to action items that will enable them to obtain targets and timelines. Their success as members of the leaderhsip team relies on their ability to manage and motivate others to accomplish these objectives. Additionally, their ability to successfully fundraise to support the mission of GEEN will be a measure of this commitment's success.
Financial contribution ($1,000,000)
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