To: President Stenger

Start an Independent Entrepreneurship Institute at Binghamton University

We, the student leaders of Binghamton University, hereby petition President Stenger for the establishment of an Independent Entrepreneurship Institute. Whereas, there exists an entrepreneurship concentration consisting of one active class in the School of Management, and whereas, there exists an experimental three course graduate sequence in the Watson School, let it be resolved that universal entrepreneurship courses should be established and controlled through this Institute. Recognizing that startups are responsible for all net job creation in the United States, and observing that 50 percent of new college graduates are unemployed or underemployed, the University is urged to take action by empowering all students, regardless of discipline or year, to seize opportunities for innovation and launch new ventures. Let it be resolved that this Institute shall catalyze the next generation of innovators to restore the Southern Tier to greatness and thrust Binghamton University into national prominence.

Why is this important?

53.6 percent of all new college graduates are either underemployed or completely unemployed. Recognizing that new companies, commonly referred to as startups, are responsible for all net job creation in the United States, entrepreneurship education must become a key part of higher education strategies. Next week, Professor Ken McLeod will talk to President Stenger about establishing an Independent Entrepreneurship Institute at Binghamton University, so that students of all years and majors have the opportunity to learn about innovation and entrepreneurship as a path to success. We are calling on President Stenger to seize this opportunity and create the next generation of innovators that will restore the Southern Tier to greatness and thrust Binghamton University into national prominence.