​​​​​​​​​​Projects and Partnerships

The STEP Project
Bertarelli Chair of Family Entrepreneurship
Executive Education
Recruit and Hire
Student Consulting Projects
Student Organizations

The STEP Project

The STEP Project (Successful Transgenerational Entrepreneurship Practices) is the first ongoing global research study focused on entrepreneurship in business families. Founded in 2005 by Babson College in collaboration with six academic affiliates in Europe, the STEP Project is a gl​​​obal applied research initiative that explores the entrepreneurial process within business families, and generates solutions that have immediate application for family leaders. The STEP Project studies the entrepreneurial activities of family enterprises over generations.

The STEP Project research network has grown to include more than 40 colleges and universities, leading academics, business families, and hundreds of researchers from around the world, helping to create a stream of best practices and research that empower families to build their entrepreneurial legacies. More than 100 cases about family businesses have been written, and results of the first multicountry survey are available.

For further information regarding the STEP Project, please contact STEP@babson.edu.

Bertarelli Chair of Family Entrepreneurship

Building on Babson College’s long history of educating family entrepreneurs and advancing the study of family entrepreneurship, the Bertarelli Foundation chair will lead a multidisciplinary approach to family enterprise, where the family, not the business, is the focus.

“Family entrepreneurs face a unique challenge,” said Dona Bertarelli, co‐chair of the Bertarelli Foundation. “As their businesses grow or change, they, too, need to adapt and evolve. At the same time, they need to preserve the original and special strengths, passions, and entrepreneurial characteristics of the family as they move in new directions. Through this faculty chair and our partnership with Babson College, we will have the opportunity to study this dynamic and help a new generation of individuals become tomorrow’s family entrepreneurs.”

Executive Education

Faculty Director Matthew Allen collaborates with Babson Executive and Enterprise Education to design and deliver courses for Babson alumni and friends. In 2015, the following Executive Education program was successfully developed and delivered:

The Enterprising Family: An Entrepreneurship Program for Parents and Their Teens on the Critical Values and Mindset for Life and Business Success

This course is designed to help families understand how entrepreneurship works in a family business context and how to grow their businesses through entrepreneurial leadership. The primary goal of the program is to prepare family businesses to create new streams of wealth across many generations—not just pass a business from one generation to the next. The program focuses on growth as the primary goal of family entrepreneurship and explores key issues as they pertain to both individuals and teams within family organizations.

Every other year, Babson Executive Education delivers a one-week program for the sons and daughters of key shareholders and private banking clients of Santander Bank to develop their ability to think and act like entrepreneurs. Attendees learn the basics of Entrepreneurial Thought and Action, design thinking, self-assessment, market tests, and entrepreneurial finance in a one-week boot camp.

Recruit and Hire

The Babson Centers for Career Development​ support family entrepreneurship in a variety of ways, including paid internships, a post-graduate fellowship program, and full-time employment opportunities.

Learn about recruiting at Babson »​

Undergraduate Center for Career Development
781‐239‐4215
781‐239‐5515
undergradccd@babson.edu

Graduate Center for Career Development
781‐239‐4210
gradrecruiting@babson.edu

Student Consulting Projects

Babson offers student consulting projects as part of the Management Consulting Field Experience program (MCFE), an elective course that students may take in any of the four MBA programs: One‐Year, Two‐Year, Evening, or Blended Learning.

The structure of MCFE projects allows students to work in a team outside of the classroom on real-world challenges. The student teams select an organizational challenge from ideas submitted by partner organizations.

Learn more about student consulting projects »​​

Student Organizations

The Babson Family Business Club provides a forum that promotes interconnectivity among students from business-owning families. The club sponsors events and forums for discussion on all aspects of family business, and is open to both graduat​​e and undergraduate​ students.​