One of the most exciting initiatives at the Institute for Family Entrepreneurship (IFE) is the Family Entrepreneurship Amplifier program, founded by Professor Matt Allen. This unique program, which is dedicated to the next gen and their families, is informed by family theory research that demonstrates successful and highly functioning business families are grounded in a unique set of capacities and skills that are not part of the general curriculum at most institutions of higher learning. To develop this capacity, the Amplifier engages families in an immersive experience that strengthens family functioning and fosters the growth of their entrepreneurial legacy by co-creating a shared vision.
The Family Entrepreneurship Amplifier Program has grown substantially since its launch in 2018. It started with Professor Allen’s “Family Entrepreneurship Amplifier: Entrepreneurial Families” Course, which has evolved from a pilot class of 20 students and their families to a lifelong community of over 100 entrepreneurial families.
Application for the 2021-2022 academic year is now open for rising sophomores and rising juniors. The deadline for application is February 12th, 2021.
For the graduate level, the course being offered in Spring ’21 is “The Family Entrepreneurship Amplifier: Transforming Your Family Business,” an independent study course, where students will work with IFE Nulsen Family Executive Director Lauri Union and learn how to apply her Collaborative Organizational Transformation process to their family business. Lauri has used this technique to transform family businesses, including her own, from poorly performing to achieving aspirational goals. Students will engage directly with their families in this process to create stronger relationships and a shared vision for moving the business forward, while establishing practical next steps for the business itself.
Students will need to submit an independent study form before classes resume in January in order to participate. Limited spaces available. Please email Lauri Union at firstname.lastname@example.org if you are interested in this course.
*Note: Students who apply for this course also quality for the Intensity Track (seeherefor more information).
MaiLinh Ho, a junior from the current cohort of the Amplifier Course, talks about what she thinks of the course.
(Pictured below) The 2018-19 Amplifier cohort: Eshika Agarwal, Nicole Atala, Joseph Cohen, MaiLinh Ho, Elaine Gracia Indra, Jonathan Katz, Isidoro Katz, Ana Maharjan, Douglas Mishan, Kaan Y Ozkok, Weini Pa, Savannah Rankich, Jean Philippe Renaud, Elizabeth Reed, Stephanie Rodriguez, Jonah Rubin, Defne Sahenk, Elisabeth Silverstein, Adelaida Urrea, Jacqueline Wachsberg.
The program has been made possible by a generous gift from Richard J. Snyder ’60, H’94, P’93 ’01 and Marilyn B. Snyder MBA’80, P’93, two dedicated and longstanding members of the Babson College community.