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Founders

About the Founders
Entrepreneur Founders are practicing entrepreneurs who support the entrepreneurship curriculum and program at Brigham Young University.

There are over 140 founders at present, and many more are graciously joining the group. This is the key difference between BYU's entrepreneurship program and others. Entrepreneur Founders provide donations and successful entrepreneurial experience in the classroom.

The Mission of the Entrepreneur Founders is:
To support the Center for Entrepreneurship in teaching and mentoring students, providing research opportunities and funding the Center's activities, guided by the three privileges to LEARN, EARN, RETURN™. To support this mission, the Founders will:

  • Assist in developing teaching materials for classroom use, and research opportunities for faculty and students.
  • Give lectures and team-teach with faculty to students and other groups.
  • Mentor students in starting and operating their own ventures.
  • Arrange internships for students in Founders' and others' businesses.
  • Make contributions to help build the Center's endowment and fully cover its annual operating expenses and scholarship programs.
  • Help build entrepreneurship programs on other BYU campuses and LDS Business College.

How to Become a Founder
In life, we have three opportunities — Learn, Earn, Return. The privilege to return, to help others, is usually the most rewarding of all. Who could be better to help teach, educate, and mentor students in entrepreneurship than real-life entrepreneurs, themselves? With this in mind, the Entrepreneur Founder group was formed to help support the Center for Entrepreneurship.

We invite you to become an Entrepreneur Founder, and join this exciting program. The financial commitments are an initial contribution of $15,000, and an annual sustaining donation of $5,000. All contributions qualify towards membership in the President’s Club, and as a partner in the Marriott School’s Leadership Alliance.

The financial support of the Entrepreneur Founders is the reason this program exists. Besides funding the annual operating costs of the program, Founders have helped build an endowment, the earnings of which help fund scholarships, library holdings, curriculum developments, research support, and many other needed materials for the Center. We invite your interest in this rapidly growing nationally recognized program which supports Brigham Young University in a most satisfying way.

How Do Founders Participate?
Teaching in the Classroom. As practicing entrepreneurs, some Founders choose to teach in the classroom, where they can share their experiences and insights. These outstanding business people serve as role models for students. They are people students would like to emulate. Together with a dedicated faculty, Entrepreneur Founders provide students with classroom instruction which combines theories and principles with real-life applications. Case studies based on their experiences are combined with academic studies to bring the principles to life. Presentations in the Entrepreneur Lecture Series help students understand the practical realities of becoming an entrepreneur and how it has benefited the Founders' lives. Literally hundreds of visits by Founders to campus each year bring the real world into the classroom. Their continuing evaluation of the curriculum and suggestions where it can better respond to today's needs are invaluable. The quality of learning and depth of experience is greatly increased when Founders participate.

Financial Support of the Program. The Center for Entrepreneurship is unique at BYU. We support our programs entirely from the contributions of successful business persons called "Founders." Their generous support has created an endowment exceeding $3 million and an annual operating budget of roughly $750,000. This budget supports:

  1. Teaching of 12 classes, some of which are specifically designed for non-business majors
  2. An intern-scholarship program where students receive tuition assistance for completing entrepreneurial internships
  3. Scholarships to students pursuing an entrepreneurship emphasis
  4. Awards for winners of two competitions for the best business plans and student-run businesses.
  5. Research into principles of entrepreneurship
  6. Funding 8 professorships to attract the best faculty into our program

Founders Conference. Twice a year, Founders and their spouses gather together on campus for educational and spiritual programs with guest speakers. Social affairs such as dinners, golf, museum tours, and football games at Founders Conference are a popular means of networking with other Founders. Students also get the opportunity to interact with the Founders personally, as mentors, discussing various aspects of owning and growing successful businesses. They present their business plans for feedback and evaluation from these successful entrepreneurs.

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