In its April 2005 issue, Entrepreneur magazine ranked Temple University’s Fox School of Business as one of the top 30 entrepreneurship programs in the U.S.
Entrepreneur magazine introduced the rankings saying, “The schools in our third annual top 100 colleges and universities give their students a competitive advantage in the real world.” Temple’s entrepreneurship program was ranked in the comprehensive category, which is for schools that offer the widest variety of resources.
“We’re proud that Entrepreneur magazine has ranked Fox’s entrepreneurship program in the same tier as Harvard, Dartmouth, Northwestern, Cornell, Notre Dame and University of Michigan at Ann Arbor,” said M. Moshe Porat, dean of The Fox School. “Entrepreneurship and innovation is one of our key tenets and strengths.”
The Fox School’s tier position in the comprehensive programs category placed them ahead of University of Pennsylvania’s Wharton School and every other school in the region.
“The Fox School’s advance from Top 50 to Top 30 in 2005 highlights the richness of Temple’s applied entrepreneurship program at The Fox School’s Innovation & Entrepreneurship Institute’s (IEI) and also underlines the IEI’s intense involvement with all 17 schools and colleges at Temple University” said Chris Pavlides, director of the IEI.
Also, last year, The Princeton Review and Forbes.com ranked Temple University as the 20th most entrepreneurial campus in the United States.
Each year, the IEI sponsors a university-wide Business Innovation Competition, which awards significant cash prizes to students to help them develop their ideas for market. Last year, the competition received more than 150 ideas from several different schools at Temple. This year’s Business Plan competition will be held on May 3. 2005 with the top financial package totaling $25,000.
Other key entrepreneurial initiatives at Fox this year include the Temple University Council on Entrepreneurship in which every school and college of Temple is represented, the Graduate Student Entrepreneurship Club, the Ronald O. Perelman Professorship in Entrepreneurial Finance (endowed by Howard Gittis, chairman of the Board of Trustees), a new professional journal (the Journal of Product Innovation Management) and the hiring of a new executive director, Chris Pavlides (who is also chairman and CEO of the Greater Philadelphia Senior Executive Group, Inc.) for the Innovation & Entrepreneurship Institute.