The Institute for Family Enterprising at Babson College and is partnering with the Glavin Center for Global Management and leading institutions worldwide to address the entrepreneurial needs of business families. Families constitute the dominant form of businesses worldwide and face the continuity challenge of how to generate new streams of wealth across generations. The STEP Project (www.STEPProject.org) is a global applied research initiative that explores Successful Transgenerational Entrepreneurship Practices in order to create a stream of powerful practices and cases that empower families to continue their entrepreneurial legacies. The knowledge generated will be dispersed in leading academic journals, published case books, and in solutions oriented educational events such as yearly Summits. The Summits will provide a shared learning environment for researchers, professors and family business leaders to discuss how to apply the STEP findings.

The STEP Project advances the goals of the Institute for Family Enterprising by:

• Extending IFE’s network and deepening existing relationships with leading institutions worldwide.
• Advancing IFE’s commitment to research and programs which have a meaningful impact for business families.
• Giving IFE the key leadership position in the dialogue around transgenerational entrepreneurship through STEP’s global network of leading families and institutions.
• Generating new educational opportunities for IFE’s partners and constituencies.

The founding institutions for STEP Europe are:

• Babson College, Boston, USA
• ESADE, Barcelona, Spain
• HEC, Paris, France
• Jönköping International Business School, Jönköping, Sweden
• Universita Bocconi, Milan, Italy
• Universität St. Gallen, St. Gallen, Switzerland
• Universität Witten/ Herdecke, Witten, Germany