Hub mayor welcomes Babson to Innovation District
Mayor Thomas M. Menino welcomed Babson College to the Hub’s Seaport District today as the top-ranked business school for educating entrepreneurs opened a satellite campus on Summer Street.
“There’s no doubt that you are blazing a trail for other universities,” Menino said. “When we announced Babson was coming, I got three phone calls from other universities. And I told them we have the space, follow Babson.”
The mayor touted the burgeoning section of the city, also known as the Innovation District, noting that last year the area saw the arrival of 2,000 new jobs, 70 new companies and in Babson “one very important college.”
The Herald, which is moving its own headquarters to the Seaport District early next year, reported last fall that the Wellesley-based school planned to extend its campus into Boston. Babson will use the 3,700-square-foot space for classrooms and offices.
Leonard Schlesinger, Babson’s president, praised Menino for his vision of the Innovation District, saying he expects the area to be transformed into “one of the most incredible areas for young people for technology development, for entrepreneur development and innovation in the U.S. and the world.”
Innovation District Officially Welcomes Babson to Boston
Mayor Menino joins with Babson to open Babson Boston, the Innovation District’s first major academic facility
For Immediate Release
September 15, 2011
Boston’s Innovation District and Mayor Thomas M. Menino today welcomed new neighbor, Babson College, into its Summer Street location as Babson College officially opened the site for graduate school courses, lectures and events. This satellite campus is in addition to Babson’s home base in Wellesley, MA, and satellite campus in San Francisco. Babson Boston will serve as the academic anchor to help fuel further growth in the Innovation District, which has swiftly become one of Boston’s fastest growing and most energetic neighborhoods.
Mayor Menino, BRA chief Peter Meade, Babson President Len Schlesinger, Dean Raghu Tadepalli, Ph.D. and Alisa Boguslavskaya, a two-time Babson graduate and co-founder of Fetchmob, were among the dozens of community and business leaders on-hand at this morning’s event.
“Nobody creates jobs like entrepreneurs, and nobody creates entrepreneurs like Babson,” said Mayor Menino. “The inclusion of a top-tier academic institution here in the Innovation District is a key part of the supportive infrastructure we are building and providing to the people and businesses in this neighborhood. Babson’s expertise and partnership undoubtedly will help us fuel even more connectivity and growth across this district.”
“Babson is a small school that does big things, and we have big dreams for Boston,” said Raghu Tadepalli, Ph.D., Dean of Babson’s F.W. Olin Graduate School of Business. “We look forward to fully integrating this new campus into the Innovation District and working closely with our students and others to support their efforts to create opportunities to succeed and make a difference in our highly uncertain, rapidly changing world.”
About the Innovation District
Boston’s Innovation District, 1,000 acres on the South Boston Waterfront, is a growing home to startup, research-based, and other innovation companies. In 2010, Mayor Thomas M. Menino launched the Innovation District strategy to enhance already strong opportunities for innovation companies in Boston and the region. Under his leadership, the City of Boston has worked to attract a cluster of innovative companies, to build live/work housing for their employees, and to support a social infrastructure that builds connections between people, businesses, sectors, and cities. For more information, visit www.innovationdistrict.org or @idboston.
Babson College is the educator, convener, and thought leader for Entrepreneurship of All Kinds(TM). The College is a dynamic living and learning laboratory, where students, faculty, and staff work together to address the real-world problems of business and society — while at the same time evolving our methods and advancing our programs. We shape the leaders our world needs most: those with strong functional knowledge and the skills and vision to navigate change, accommodate ambiguity, surmount complexity, and motivate teams in a common purpose to create economic and social value. As we have for nearly a half-century, Babson continues to advance Entrepreneurial Thought and Action™ as the most positive force on the planet for generating sustainable economic and social value. For information, visit www.babson.edu.