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. 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.
Since May, the Babson community has been engaged in a strategic planning process to chart a bold course forward for the College. This gift is a major investment in the strategic framework our community is developing, particularly our principle to inspire and empower entrepreneurial leaders to thrive in any context.
As we work together to design and develop the new school, we will continue to share information and answer frequently asked questions on this page.
Babson’s Arthur M. Blank School for Entrepreneurial Leadership creates a unique learning experience for Babson students, who will be prepared to lead change, solve global problems, and create sustainable value across business and society through learning, teaching, research, and engagement.
All Babson learners will benefit from increased experiential opportunities that help build holistic, real-world problem-solving skills. Students who seek to address problems in business and society require a transdisciplinary mindset and perspective to succeed. The Arthur M. Blank School for Entrepreneurial Leadership more fully integrates and leverages Babson’s extraordinary faculty across disciplines, as well as its entrepreneurial centers and institutes, to deliver a more impactful, transdisciplinary learning experience.
A key principle emerging from Babson’s strategic planning effort is to build the most impactful, networked, global entrepreneurial ecosystem. This important work begins right here on Babson’s main campus in Wellesley through the creation of an Entrepreneurial Leadership Village. The Village will be the center of our entrepreneurial ecosystem, serving as a dedicated space for our community to come together to create solutions and growth opportunities through collaborative learning and experimentation. We are examining several options for location on campus as part of the design process for the new school.
During his more than five decades of entrepreneurial leadership, Arthur M. Blank ’63, H’98 has applied a set of six core leadership principles that have guided the Blank Family of Businesses: Put People First, Listen and Respond, Include Everyone, Innovate Continuously, Lead by Example, and Give Back to Others. These core principles are the bedrock of his business success and will be the founding principles of Babson’s Arthur M. Blank School for Entrepreneurial Leadership. They also exemplify Babson’s commitment to integrated sustainability and belief that creating and stewarding sustainable economic and social value is an essential part of the relationship between business and society. The positive effect of entrepreneurship is felt in ways that go beyond economic growth and help redefine the purpose of business.
Yes. Every learner—regardless of concentration or program will have access to the most cutting-edge education in entrepreneurial leadership through Babson’s Arthur M. Blank School for Entrepreneurial Leadership. The new school also will create exciting opportunities for Babson alumni, parents, and partners to engage.
We are building on Babson’s long-standing leadership in entrepreneurship by blazing a new trail in management education focused on entrepreneurial leadership. We will equip learners with the entrepreneurial mindset and leadership competencies required to solve big problems and strengthen businesses and communities everywhere.
The Babson community has engaged in a robust strategic planning process resulting in the College’s commitment to empowering entrepreneurial leaders and building the most impactful, global entrepreneurial ecosystem. These strategic themes—and the impact they will make on lives, businesses, and communities—are resonating with donors and this historic support from the Blank family is a major investment in the College’s strategic vision to expand partnerships that enable experiential learning and giving back to the community, increase access and diversity, and amplify the impact Babson’s people, programs, and research have on businesses and communities.
Specifically, this investment will provide:
- Need-based scholarships that increase access and affordability
- An endowed Chair in Values-based Entrepreneurial Leadership
- Experiential learning that offers real-world problem-solving opportunities
- The development of an Entrepreneurial Leadership Village to expand and enhance dedicated space for collaborative learning and experimentation
- Greater access to Babson’s renowned entrepreneurial centers and institutes for award-winning, cocurricular activities
- Funding for applied research that generates practical, actionable outcomes
This investment provides significant opportunity to increase access and affordability for promising entrepreneurial leaders who would not otherwise be able to afford college. Our long-standing commitment to making a Babson education a reality for students of all backgrounds continues to be strengthened by generous donors including Arthur Blank and his family.
We will begin the design phase immediately, together. We are planning many exciting opportunities for our community to participate in the development. Please check back via www.babson.edu/strategicplan for more details.