Executive Education Programs Program Information


Babson College - USA

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  Entrepreneurship Policy and Development Program

Entrepreneurship Policy and Development Program:

Training Public Leaders and Policy Makers in Entrepreneurship Policy Development 
 
Program Dates and Fee:

March 10 – 13, 2014
Fee: $4,500*
*Program fee includes program materials, accommodations and meals at the award-winning Babson Executive Conference Center from 4pm on March 9 until check out on March 13.  

Overview
Fueled in part by the 2008 economic crisis, in part by geopolitical discontinuities, and in part by surprising examples of economic growth, a global consensus is emerging among world leaders that entrepreneurship is a key strategy—some would say, the key strategy—for economic growth and development. We see high profile programs encouraging entrepreneurship in almost every major city, region and country.

However, a painful gap exists between public leaders’ new commitment to entrepreneurship, on the one hand, and their regions’ abilities to intentionally create policies and programs that will systematically and measurably stimulate entrepreneurial growth. This gap is unique to entrepreneurship policy: If leadership promotes innovation as a priority, there are educational programs to train senior policy makers in innovation. If public leadership decides to promote education, health, or security as a policy priority, there are educational programs to do so. Not so (until now) for entrepreneurship. Entrepreneurship, until today, has been a policy “orphan.”

Babson College, for two decades the world’s #1 ranked entrepreneurship educator, has developed the world’s first publicly offered Entrepreneurship Policy and Development Program (EPDP) specifically to help public policy makers, civic leaders, foundation heads, and their private sector counterparts create an entirely new internal capacity to formulate and implement entrepreneurship policy in their societies using the most advanced concepts, methods, cases and practice in the field.

Program Objectives
The Entrepreneurship Policy and Development Program is designed to give senior policy makers and implementers, foundation heads and managers, as well as private sector leaders:
-The newest perspectives on entrepreneurship policy development
-State-of-the-art assessment methodologies and practical tools
-The most relevant case examples of practical programs from relevant regions around the world
-Understanding of the nature of entrepreneurship and the entrepreneurial mindset

Curriculum
The Entrepreneurship Policy and Development Program is a four-day, open enrollment, residential program consisting of:
-Case studies of real life global entrepreneurs and accessible global entrepreneurship
-Case studies of entrepreneurship development in various types of economies
-Assessments of each participant’s entrepreneurship ecosystem’s strengths and weaknesses
-Design and implementation of entrepreneurship development pilot programs “back home”
-Simulations of entrepreneurship ecosystem development
-Action planning for activating identifying and activating the entrepreneurship stakeholders
-Exercises to establish measurable entrepreneurship development objectives

Some of the specific topics that are addressed include:
-Avoiding common mistakes in government support of entrepreneurship
-Reducing confusion about entrepreneurship, micro-enterprise, SME policies
-Setting entrepreneurship objectives and measure outcomes
-Assessing the strengths and weaknesses of the entrepreneurship ecosystem
-Planning and implementing entrepreneurship policy action programs
-Impacting the entrepreneurial culture and social norms
-Developing effective public messaging on entrepreneurship
-Using social media to development entrepreneurship
-Establishing effective public voice for entrepreneurs
-Increasing the effectiveness and coordination of various entrepreneurship development agencies
-Do’s and don’ts of using government funding to encourage the development of capital markets for entrepreneurial ventures (angel, private, family, VC, bank, public markets)
-Differentiating among alternative funding vehicles (matching grants, royalty-based capital, accelerator financing)
-The appropriate use and abuse of incubators, accelerators, and innovation centers
-Entrepreneurship as a necessary precondition to clusters

Participant Mix
The Entrepreneurship Policy and Development Program is designed for public and private sector leaders including director generals, program directors, agency managers, private sector and civic leaders, and other formal and informal leaders who seek to create and implement entrepreneurship policy in their societies.


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