Launching Babson's Arthur M. Blank School for Entrepreneurial Leadership
On November 19, 2019, Babson College and The Arthur M. Blank Family Foundation announced a groundbreaking collaboration to advance and amplify values-driven entrepreneurial leadership on a global scale.
With a $50 million investment from the Blank Family Foundation, Babson will establish the Arthur M. Blank School for Entrepreneurial Leadership (AMBSEL). The new school will create opportunities for the entire Babson community to lead change, solve global problems, and create sustainable value across business and society through learning, teaching, research, and engagement in entrepreneurial practice.
As entrepreneurial leadership has emerged as a primary tenet of Babson’s strategic plan, AMBSEL will help expand the College’s view of entrepreneurship to focus on the human condition, building entrepreneurial leaders with empathy, morality, compassion, and drive to produce scalable solutions that can benefit individuals, communities, and the world.
Since that historic announcement, Babson—in collaboration with the Blank Foundation—has made extraordinary progress in a short period of time. Here are the latest updates on the many advances that have been made on all fronts:
We are in the process of filling two key leadership positions at the Arthur M. Blank School of Entrepreneurial Leadership. The search for the CEO of AMBSEL launched in March 2020, and first-round interviews began in April. A national search for the first Arthur M. Blank Endowed Chair for Values-Based Entrepreneurial Leaders was launched April 6 by a search committee chaired by Dean of Faculty Ken Matsuno. An appointment is anticipated by the end of August 2020.
AMBSEL also will integrate and house Babson’s entrepreneurial centers and institutes in order to make programming more accessible to learners and to create a more dynamic, market-engaged ecosystem. The following centers and institutes will operate under the direction of the soon-to-be-appointed AMBSEL CEO:
- The Arthur M. Blank Center for Entrepreneurship
- Center for Women’s Entrepreneurial Leadership
- The Lewis Institute for Social Innovation
- Institute for Family Entrepreneurship
- Weissman Foundry
- Butler Institute for Free Enterprise through Entrepreneurship
- Kerry Murphy Healey Center for Global Healthcare Entrepreneurship
The Arthur M. Blank School for Entrepreneurial Leadership elevates the Babson brand by optimizing our greatest asset: leadership in entrepreneurship education.
This new school aligns the influence and character of the Blank family with the power of Babson. As we develop the AMBSEL, it is essential to properly position the brand architecture so that the external market understands the strength of this relationship.
The core piece of this venture is an investment in students. The creation of the Blank Leadership Scholars will attract high-potential aspiring entrepreneurs and offer integrated training in entrepreneurship and values-based leadership.
Babson is launching this key initiative as a pilot in 2020, and the College’s enrollment team is currently in the process of selecting six undergraduate Blank Leadership Scholars for Fall 2020, focusing their work on Arthur Blank’s six core principles of leadership.
AMBSEL will offer two graduate degrees, aimed at students right out of college and working professionals with 5–15 years of experience:
An accelerated nine-month, full-time program in residence at Babson’s campus in Wellesley, Massachusetts.
A 100% online, asynchronous model that is focused on experiential learning via a company-based project supported by the delivery of up-to-date content, high-quality peer-to-peer engagement and customized faculty advising.
Our objective for the West Creek program is to use entrepreneurial leadership principles to develop real-world solutions to important social issues. The shifting global circumstances present new problems to be solved, and our program provides an excellent opportunity to have an impact on the most pressing current concerns.
Also, in order to advance our strategic initiative to deliver education where and when learners demand it, Babson will be engaging in the Welcome Home training program to begin designing training specific to Babson.
The Entrepreneurial Leadership Village (ELV) will serve as a contemporary living and learning facility that features a diverse array of co-working, team collaboration, teaching/instructional, and student development spaces. The ELV, which also will include residence hall rooms and dining options, will become the epicenter of Babson’s entrepreneurial ecosystem.