The Global Student Entrepreneur Awards Release Second Annual Top Entrepreneurial Universities List

Mon Oct 19, 2009 1:12pm EDT

* Reuters is not responsible for the content in this press release.

The Global Student Entrepreneur Awards (GSEA) today released its second
annual ranking of universities that are home to the most student
entrepreneurs. GSEA, an Entrepreneurs' Organization (EO) program, is the
world's premier competition for students who own and run businesses while
attending a college or university. Since 1998, the GSEA has attracted top
entrepreneurs from universities around the world, with 15 new countries
participating in 2009. This year, Babson College leads the race with
almost double the nominations of any other school worldwide.

    "Today, university-based entrepreneurship is critical not just to
students, but also to cities and nations that seek to foster innovation,
job growth and economic development," said Kevin Langley, chairman elect
elect, EO. "GSEA is just the start of an entrepreneurial engine that will
turn dorm room entrepreneurs into the future business leaders of tomorrow
and with them the opportunity for positive economic change, locally and

                      GSEA TOP NOMINATING SCHOOLS

                   University                      Total   Country
     1  Babson College                               54     USA
     2  Arizona State University                     31     USA
     3  University of Pennsylvania                   30     USA
     4  University of Southern California            26     USA
     5  Yale University                              25     USA
     6  Harvard University                           21     USA
     7  National University of Singapore             20     Singapore
     8  Massachusetts Institute of Technology        18     USA
     9  Stanford University                          16     USA
    10  New York University                          16     USA
    11  Brigham Young University - Utah              14     USA
    12  RMIT University                              14     Australia
    13  Duke University                              13     USA
    14  Macquarie University                         12     Australia
    15  Queensland University of Technology          10     Canada
    16  Memorial University of Newfoundland          10     Canada
    17  Ryerson University                           10     Canada
    18  Texas Christian University                   10     USA
    19  University of Houston                        10     USA
    20  University of Wisconsin - Madison            10     USA
    21  Pennsylvania State University                10     USA
    22  Belmont University                            9     USA
    23  University of North Caroline - Chapel Hill    9     USA
    24  Northeastern University                       9     USA
    25  Bryant University                             9     USA

"We attribute the 66 percent growth in GSEA nominations to the
incredible cooperation between EO members and leaders of academic
entrepreneurial programs who seek out incredible students and their
mentors around the world," said Dean Lindal, vice president of EO. "The
awards are so much more than just a business distinction -- it's the
chance for a student business owner to immerse oneself in global
networking, mentoring and growth opportunities that only the
Entrepreneurs' Organization can provide. We're proud to see so many great
institutions making GSEA a priority for their students."

    This year, 30 of the world's regional finalists will vie for the top prize
to be awarded at the 2009 GSEA Global Finals Competition at the Ewing
Marion Kauffman Foundation in Kansas City, Missouri during Global
Entrepreneurship Week. Applicants are selected to compete against their
peers by presenting their businesses to a panel of judges comprised of EO
members, business luminaries and renowned national business journalists.
The 2009 winner will receive $150,000 in cash and prizes, including
access to EO's global network and thousands of dollars in donated
business resources and services.

    "Entrepreneurship is truly part of our DNA at Babson. From the first day
students walk on campus they are immersed in an experiential and
integrated curriculum around entrepreneurial thought and action coupled
with a wide array of clubs, events, speakers, competitions, resources, and
co-curricular activities to inspire & educate the next generation of
entrepreneurs," said Daniel Marques, manager, entrepreneur development,
Babson. "Being recognized as the top nominating school for the GSEA is a
wonderful recognition of our vibrant & dynamic community of entrepreneurs
at Babson."

    About the Global Student Entrepreneur Awards

    As the premiere global competition for undergraduate students, the Global
Student Entrepreneur Awards (GSEA) inspire students to adopt
entrepreneurial endeavors by bringing global visibility to student
business owners who are innovative, profitable and socially responsible.
Since 1998, the GSEA, a program founded at the John Cook School of
Business at Saint Louis University, has honored outstanding
undergraduates who juggle a course load as a student and run their own
businesses at the same time. The Entrepreneurs' Organization (EO) took on
leadership of the GSEA in 2006 to offer student entrepreneurs access to a
global network of mentors, resources and connections from the most
influential community of entrepreneurs in the world. The GSEA is
generously supported by founding partner Mercedes Benz Financial and
major foundations, including the NYSE Foundation the Ewing Marion
Kauffman Foundation, the Acton Foundation for Entrepreneurial Excellence
and the Todd Thomas Foundation. To nominate a student entrepreneur or to
get involved, go to

    About the Entrepreneurs' Organization

    The Entrepreneurs' Organization (EO) -- for entrepreneurs only -- is a
dynamic global network of more than 7,300 business owners in 42 countries.
Founded in 1987 by a group of young entrepreneurs, EO is the catalyst that
enables entrepreneurs to learn and grow from each other, leading to
greater business success and an enriched personal life. Membership in one
of EO's 116 chapters is by invitation only; the average member is 40
years old with annual revenues of US$17.3 million. For more information,
go to:


Jessica Fletcher
Lotus Public Relations
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