MIAMI MAYOR SUAREZ ANNOUNCES COLLABORATION WITH BABSON COLLEGE
On Wednesday August 29, 2018, Miami Mayor Francis Suarez welcomed Babson to the city’s Brickell neighborhood and announced a collaboration between the City of Miami and Babson College. All City of Miami employees accepted into Babson Miami’s Blended Learning MBA will have their application fee waived and, if admitted, also will receive a 30 percent tuition reduction for the degree program.
“The arrival of Babson to Miami signals our city’s strength as a dynamic entrepreneurial hub,” said Mayor Suarez. “With this partnership, we are boosting our intellectual capital and fostering a fertile environment for the innovators and problem solvers of tomorrow.”
Mayor Suarez was joined at ceremonies celebrating the inaugural class by Murata Dean of the F.W. Olin Graduate School of Business at Babson College Keith Rollag along with Gustavo Trindade MBA'17, director of Babson Miami, and Entrepreneurship Professor Philip Kim, faculty director for Babson College’s Blended Learning Program.
“Babson is thrilled to announce with Mayor Suarez this collaboration with the City of Miami,” said Dean Rollag. “We believe that our presence in Miami will strengthen the entrepreneurial ecosystem and continue to grow our diverse and vibrant community.”
“We are pleased to welcome Babson College’s forward-looking MBA program to our dynamic Downtown community,” said Alyce Robertson, executive director of the Miami Downtown Development Authority (DDA). “Downtown Miami is a place that attracts people with an entrepreneurial mindset and this has given rise to a startup and creative class that’s looking to break the mold and try new things. This unique MBA program is another resource helping to drive growth and innovation Downtown.”
Pictured below from left to right: Dean Keith Rollag, Alyce M. Robertson, Executive Director of the Miami Downtown Development Authority, Mayor Suarez, Phil Kim, Gustavo Trindade, and Elena Bondarenko, Government Relations at the Miami Downtown Development Authority.
Babson Miami brings the globally recognized leader in entrepreneurship education to South Florida and beyond, extending Babson College’s unique methodology of Entrepreneurial Thought & Action® to this fast-growing hub of startup activity and epicenter of international and family business.
Learn, connect, and grow your career with the Blended Learning MBA, ranked in the top 10 worldwide by Financial Times and No. 1 for average alumni salary, or explore our cutting-edge graduate degrees. Be a part of the vibrant Babson network living and working in Greater Miami and across Latin America, entrepreneurs of all kinds who are making an impact in family enterprises, new ventures, corporations, and more.
Babson Miami offers the best of both worlds. On campus, the hallways and classrooms hum with entrepreneurs, mentors, and funders, while one of the largest concentrations of Babson alumni in the world is located just outside in Miami and South Florida, eager to support Babson College’s next generation of entrepreneurial leaders.
Along with the Blended Learning MBA, Babson also is offering Executive Education programs in Miami. Babson Executive Education (BEE) provides learning and development programs to organizations and working professionals across industries to drive growth and innovation. BEE works with organizations to co-create custom programs on topics including innovation, entrepreneurial leadership and disruption, and is launching a women’s leadership open enrollment program in Miami this winter.
Babson’s expansion builds on the ongoing success of its women’s entrepreneurship accelerator, Women Innovating Now (WIN) Lab® Miami, which has had local roots since 2016. The program’s inaugural cohort of local women entrepreneurs raised nearly $2 million in funding in the first year.
The Thriving Miami Ecosystem
A new demographic study completed by the Miami Downtown Development Authority (DDA) finds that Downtown Miami’s population has grown by nearly 40 percent since 2010, cementing its appeal as a vibrant neighborhood that has come alive with: new arts and culture venues; shopping, dining, and entertainment destinations; and alternative transit options during the past decade.
Young professionals still comprise much of the residential population, with 41,437 falling between the ages of 25 and 44, up 86 percent since 2010. Wages and education levels are rising in lockstep, with the average household income having increased by 21 percent since 2010 and with more than half (54 percent) of Downtown residents holding a bachelor’s degree or higher, a figure almost double that of the City of Miami and Miami-Dade County respectively.
About Babson College
Babson College is the educator, convener, and thought leader for Entrepreneurship of All Kinds®. The top-ranked college for entrepreneurship education, Babson is a dynamic living and learning laboratory where students, faculty, and staff work together to address the real-world problems of business and society. We prepare the entrepreneurial leaders our world needs most: those with strong functional knowledge and the skills and vision to navigate change, accommodate ambiguity, surmount complexity, and motivate teams in a common purpose to make a difference in the world, and have an impact on organizations of all sizes and types. As we have for nearly a half-century, Babson continues to advance Entrepreneurial Thought & Action® as the most positive force on the planet for generating sustainable economic and social value.