BIFE Quarterly Newsletter | Fall 2023 |
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Message from the Nulsen Family
Executive Director
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What an exciting few months it has been on campus, filled with celebrations and milestones for both BIFE and Babson College. We have so much to share with you.
We kicked off the fall with a big event to mark the Institute’s fifth anniversary and celebrate all our accomplishments over the last five years culminating in this momentous occasion. The celebration was the kickoff to our signature program Networking By Industry (NBI), a Babson student, alumni, friends and community favorite event. This year we had over 600 registrations, making this our largest turnout yet.
In September we hosted our inaugural Global Family Entrepreneurial Network Summit with 35 representatives from our founding families, representing 16 countries. We are looking forward to continuing the learning and connections at our second summit in Singapore this February, leading into Babson Connect Worldwide.
On the research front, I am thrilled to announce Babson professors Angela Randolph, Alisa Jno-Charles, and William Gartner, have been recognized for winning the Bertarelli Institute for Family Entrepreneurship Award for Best Paper in the family business category. Their paper entitled: An Exploration of Business Ownership, Parenting Styles & Entrepreneurial Persistence, will be honored at 2024 BCERC in Munich, Germany from June 5–8, 2024.
This semester, David Sands and I had the opportunity to re-launch and teach the Family Entrepreneurship Amplifier, an undergraduate course in which students learn how to leverage their family entrepreneurial legacy to chart their own path. We’re also innovating in our support of family start-ups through our new Family Entrepreneurship Mastermind (FEM) program for first year entrepreneurs starting a business with family and our first ever Family Entrepreneurship Award at Babson’s flagship start-up competition, B.E.T.A. Challenge.
I wish you and your family a joyous holiday season and look forward to an amazing 2024.
Sincerely,
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5 Year Anniversary Celebration |
We celebrated the Institute’s five-year anniversary to recognize all of our accomplishments and to celebrate the contribution of Advisory Board Chair, Stephen Martiros’ wisdom and guidance. Members of the Babson Community also heard from faculty, staff, and students to commemorate this exciting milestone. |
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Networking By Industry (NBI) |
This fall was also BIFE's 5th year hosting one of our signature events, Networking By Industry. In this exciting event, student, parent a,nd alumni family entrepreneurs from around the world come together to network in their industries of interest.
Stay tuned for spring 2024's virtual NBI save the date.
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In our latest report, we showcase the institute's unique approach to family entrepreneurship, as well as the impact and reach of the BIFE, including key initiatives, programs, and events. |
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Our Inaugural Network Summit |
During our first Global Family Entrepreneurship Network Summit this fall, we hosted network founding family members to Babson for an exciting, event filled with thought-provoking breakout sessions, speaker series, excursions, and dinners to connect with one another.
Our next Summit will take place in February in conjunction with Babson Connect Worldwide in Singapore.
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Live Case Study with Gorilla Glue |
We welcomed Nick Ragland, MBA '00, Co-Chair of Gorilla Glue Co. back to campus in celebration of Global Entrepreneurship Week for an immersive live case study. Students collaborated to offer suggestions to Gorilla Glue’s challenge at the nexus of self, family, and business. It was a packed house with over 250 students registered! |
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Spotlight on our Family Entrepreneurial Amplifier Course |
This fall, BIFE re-launched the Family Entrepreneurial Amplifier class, where students work directly with their family, learning to be family entrepreneurial leaders who achieve their personal goals while creating value in their family business. We had a fabulous semester, culminating in an amazing and innovative Family Entrepreneurship Shark Tank in which students presented their final projects to an esteemed panel of "sharks." |
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Entrepreneurial Leadership All-Star Panel |
During Global Entrepreneurship Week (GEW) all six executive directors from Babson's centers and institutes including our very own Lauri Union gathered for an insightful panel moderated by Linda Henry '00, H'19, CEO and co-owner of Boston Globe Media. |
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Babson's Centennial Campaign Surpasses Goal |
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Babson College has raised more than $525 million for the Centennial Campaign, far surpassing the original $300 million. Now, the College is boosting the campaign’s goal once again, seeking to raise an additional $250 million. Following the most successful campaign in the history of the College, Babson has now set a new campaign goal of $750 million under the name Babson ELevates. |
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JOIN BABSON'S GLOBAL COMMUNITY
OF FAMILY ENTREPRENEURS
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Join the BIFE global community of 6,000+ family entrepreneurs to stay up to date on new events and updates, and get priority access to our programs. |
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