Babson Global, Inc., a wholly owned subsidiary of Babson College – the world´s leader in entrepreneurship education for over a decade – is collaborating with Lockheed Martin, under the Saudi Economic Offset Program, and the Prince Mohammad Bin Salman College of Business and Entrepreneurship (MBSC) at King Abdullah Economic City (KAEC), to design, build, and operate an entrepreneurship center in KAEC. The purpose of the center is to provide students and entrepreneurs with the knowledge and skills necessary to launch and expand business ventures, and to invigorate their entrepreneurial spirit with new ideas.
The Babson Global Center for Entrepreneurial Leadership (BGCEL), located at MBSC, delivers innovative programs on start-up ventures, small- and medium-size enterprises, and women’s entrepreneurship. In addition, it provides experiential learning opportunities for MBSC students, government officials, and business men and women.
BGCEL is the focal point for developing an entrepreneurial ecosystem in Saudi Arabia and its neighboring countries. Its activities include:
-Publishing the Saudi Arabia Global Entrepreneurship Monitor (GEM). The GEM Saudi Arabia Entrepreneurship Monitor is the most comprehensive survey of attitudes toward entrepreneurship in the Kingdom ever undertaken. The report is an initiative of the Babson Global Center for Entrepreneurial Leadership (BGCEL).
-Hosting distinguished speaker series and regional conferences on entrepreneurship.
-Delivering entrepreneurship education programs.
-Writing case studies about entrepreneurial development in the Kingdom and neighboring countries.
-Supporting student businesses at MBSC to help the development of future entrepreneurs in the Kingdom.
BGCEL is a “center of excellence” where aspiring entrepreneurs from all walks of life learn best business practices and Entrepreneurial Thought and ActionTM, the signature pedagogy of Babson College. It supports the College in its mission to forge entrepreneurial leaders who create economic and social value around the world.
Babson Global, Inc. has collaborated with the MISK Foundation, King Abdullah Economic City (“KAEC”), and Lockheed Martin to launch a college of business and entrepreneurship in KAEC, Kingdom of Saudi Arabia.
The college, established under the auspices of KAEC, is the first educational institution in the Kingdom to offer university degrees and postgraduate courses in Entrepreneurship. Reflecting the importance of the institution for the social and economic development of Saudi Arabia, the Crown Prince of the Kingdom agreed to lend his name to the college, which has been re-branded “Crown Prince Mohammad Bin Salman College of Business and Entrepreneurship” (“MBSC”). In June 2016 at an official ceremony in Washington, D.C., His excellency Crown Prince Mohammad Bin Salman joined Babson College President Kerry Healey, Secretary General of MISK Foundation Bader Al-Askar, Executive President of KAEC, and Vice Chairman of the Board of Trustees of MBSC to celebrate the re-branding event.
The establishment of MBSC is a vital step toward creating an entrepreneurship eco-system in the region that is consistent with King Salman’s vision to promote the intellectual development of Saudi citizens. Through Babson Global’s assistance, the College will develop a cutting edge curriculum and recruit stellar international faculty who will foster an educational experience relevant to the needs of the peoples of the region.
Podomoro University opens its doors to students!
On the 27th of August 2014, the Inauguration of Podomoro University was held in Jakarta. The event was attended by the Board of Directors of Agung Podomoro Group (APG), government officers, Podomoro University’s students and parents, media, and the other guests.
Dr. Ignacio de la Vega, Managing Director of Babson Global Entrepreneurial Leadership Centers, gave an opening speech and talked about Babson Global and Podomoro University’s collaboration. He expressed his enthusiasm about the joint effort by Podomoro University and Babson Global to raise the educational bar for education in Indonesia.