Leader in entrepreneurship education to bring top-ranked graduate programs and world-class method for teaching Entrepreneurial Thought & Action® to Miami’s innovative ecosystem
July 21, 2017 - Massachusetts-based Babson College, the recognized world leader in entrepreneurship education, is expanding to Miami, Florida, with three graduate programs—including the Blended Learning MBA, ranked No. 1 for alumni earnings and top 10 worldwide by Financial Times (FT), The Princeton Review, and Entrepreneur magazine.
The application period is open and classes are set to begin in Fall 2018. Learn more and apply »
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.
“Miami is home to more than 1,300 Babson alumni and is already such a vibrant network of family businesses and innovative startups,” says Babson College President Kerry Healey. “We are excited to build on local WIN Lab® momentum, further expand our role and presence in Miami’s thriving entrepreneurial ecosystem, and bring three of Babson’s world-renowned graduate programs to professionals who want to positively impact large corporations, family businesses, nonprofits, or start their own venture.”
Babson’s new hub in Miami will be located at CIC Miami (Cambridge Innovation Center)—a co-working space in the University of Miami Life Science and Technology Park. A natural fit for Babson, it brings together a community of entrepreneurs focused on making a positive impact and is a part of the city’s booming innovation corridor. Students will have full, 24/7 access to classroom, conference, and café space, and will benefit from CIC’s weekly Venture Café Miami gatherings, monthly community breakfasts, client presentations, and mentors.
Miami is the U.S. leader in startup activity, ranked No. 1 among the nation’s 40 largest metro areas, and there is a growing need to support and strengthen family enterprises, which account for two-thirds of all businesses worldwide. For these reasons, Babson is ready now more than ever to expand its presence in the region and help foster entrepreneurial success across new ventures, established companies, and within long-standing family businesses.
While program specifics are still being developed, Babson graduate offerings will include:
The Miami instructional location is pending approval from NEASC-Commission on Institutions of Higher Education.
Babson College is the academic architect of the Goldman Sachs 10,000 Small Businesses program, hosted at Miami-Dade College since 2014, empowering participating local small business owners to help their businesses grow.
Babson’s WIN Lab has had local roots since 2016, with the support of The John S. and James L. Knight Foundation, FedEx, and Akerman LLP. The program’s first cohort of women entrepreneurs raised nearly $2 million in funding and celebrated its finale in April.
Miami also is a hub for a vibrant network of more than 1,300 Babson alumni. The region boasts the fourth-largest concentration of Babson graduates, many of whom are involved in family enterprises and entrepreneurial ventures in the Miami area. Some of Babson’s most notable Miami-area alumni include: Francine Gervazio MBA’16, Murilo Amaral MBA’16, and Alfredo Keri MBA’16, founders of Cargo42; Alberto Perlman ’98, co-founder and CEO of Zumba Fitness, LLC; the Zamora family, who run the financial institution LAFISE; and Diego Lowenstein ’90 P'21, CEO and the third generation to work at Lionstone Development, founded and headquartered in Miami.
Babson College’s expansion into Miami will extend its reach and impact around the world, adding to its existing hubs in Wellesley and Boston, Massachusetts, and San Francisco, California.
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, 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. By Brianna Radicioni
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