Baylor's Accelerated Ventures Program Honored by Southwestern Business Deans' AssociationMay 16, 2013
The Southwestern Business Deans' Association has named Baylor University's Hankamer School of Business the 2013 Bobby G. Bizzell Innovative Achievement Award winner for its Accelerated Ventures Program.
"On behalf of faculty and staff at Hankamer School of Business who have made this program such a success, we appreciate this recognition by the Southwestern Business Deans' Association," said Terry S. Maness, D.B.A., dean of the Hankamer School of Business.
The Southwestern Business Deans' Association (SWBDA) established the Bobby G. Bizzell Innovative Achievement Award in an effort to encourage innovation and continuous improvement in business education. The award is sponsored by BloombergBusinessWeek.
The winning proposal "Baylor Entrepreneurship's Accelerated Ventures Program," detailed the impact the program has had since its inception in 2011.
"We are honored to win this award," said Kendall Artz, Ph.D., chairman of the department of management and entrepreneurship at Baylor University. "During its relatively short existence, the AV program has proven to have a very significant impact on our students, our alumni and our community."
Accelerated Ventures is a two-course sequence that instructs and requires students to launch high-potential businesses while adhering to a demanding launch schedule. By enhancing traditional entrepreneurial pedagogical methods, it provides students with an intensively experiential learning environment.
Accelerated Ventures was created as a solution to challenges resulting from the dramatic impact of social media on the startup process. Unless a student entrepreneur is working with social media in the new startup environment daily, it is nearly impossible for them to fully understand the implications of social media on their efforts to launch such enterprises. Without that understanding, the student's chances of venture success is greatly diminished. To that end, Accelerated Ventures is co-taught by a practicing serial entrepreneur who has successfully navigated these social media waters through personal ventures and is a member of the university's entrepreneurship faculty.
The Southwestern Business Deans' Association was established for the purpose of promoting and improving collegiate business education generally located in the southwestern region of the United States and Mexico.