Established in 2008 during the Inauguration of President Leonard Schlesinger, the Alumni Entrepreneur Hall of Fame celebrates alumni who have distinguished themselves in entrepreneurial endeavors across all types of enterprises.
Alumni entrepreneurs are inducted annually during a gala dinner where they are recognized for their accomplishments in creating economic and social value.
Rising Star entrepreneurs have been honored at Babson since 2010 as part of the awards ceremony. These individuals have founded or co-founded businesses that are less than 10 years old, are making an impact in their marketplace, and are generating media attention.
In 2016, in recognition of the diverse, noteworthy achievements of alumni and student entrepreneurs at various entrepreneurial stages—Hall of Fame, Rising Star, and B.E.T.A. Challenge®, Babson rebranded this signature, institutional event to Celebrating Achievements in Entrepreneurial Thought & Action®.
In 2017, the recognition of the Alumni Entrepreneur Hall of Fame and Rising Star honoree components of Celebrating Achievements in Entrepreneurial Thought & Action® gala event was transitioned to Back to Babson weekend to capitalize on alumni presence on campus.