NSBI Launches Executive Education Program

Aug 8, 2003

HALIFAX - Nova Scotia Business Inc. (NSBI) today launched an entrepreneurship initiative for Nova Scotia business leaders interested in enhancing their entrepreneurial skills and expanding their global business network.  NSBI's Executive Development in Global Entrepreneurship (EDGE) offers two fellowships to leading executive education programs in Boston as part of the agency's New England business growth initiatives.

EDGE is open to Nova Scotia entrepreneurs who are responsible for shaping and strengthening an innovative climate within their corporations or start-up ventures. Applicants will be considered for one of two distinguished programs; the first will be held at Babson College in Wellesley, Massachusetts in October, the second at the Massachusetts Institute of Technology (MIT) in Cambridge, Massachusetts in January 2004.

EDGE responds to an expressed need by our province's top business leaders for vital executive development and allows them the opportunity to enhance their education while tapping into a network of visionary entrepreneurs supported by these leading institutions, said Kelliann Dean, Vice President of NSBI. We see EDGE participants as business ambassadors who will help to further solidify the strong relationships we have worked to establish in New England, become active voices for a new generation of keenly competitive Nova Scotians who forge links that will lead to future opportunities in our core growth sectors.

A panel of academic and senior business leaders from Nova Scotia will select the participants. Complete program details, candidate criteria and an online application form are available at www.novascotiabusiness.com/edge . Interested candidates are invited to submit an application before the deadline of September 8, 2003.

Babson's Corporate Entrepreneurship Program and MIT Sloan's Entrepreneurship Development Program offer a 3-day and 5-day intensive course, respectively, designed to enhance the entrepreneurial spirit and vision of business leaders who are committed to the future economic growth and success for Nova Scotia.

We are very excited about having business leaders from Nova Scotia join our program and enhance what is a very diverse group of international and U.S. participants, said Kathy Leonard, director of executive education programs at Babson College, consistently ranked the top U.S. college for entrepreneurship. Our program provides the framework for turning the entrepreneurial creativity and concepts of driven individuals into real-world initiatives that provide bottom-line returns.

Anthony Ives, the Managing Director of MIT's Entrepreneurship Center who is also a 6-time serial high-tech entrepreneur, stressed: In an innovation economy, entrepreneurial skills help businesses of all sizes focus on customer needs. We are eager to share these lessons and build a strong relationship with like-minded executives from Nova Scotia. Our focus on high-tech entrepreneurship melds start-up expertise with a strong global network that we hope will serve as a catalyst for the fellowship recipients and support ongoing regional development efforts.

EDGE builds on NSBI's business development efforts in the New England region, with a specific focus on life sciences, information technology (specifically software outsourcing and technology transfer), oil and gas, e-learning and advanced manufacturing. NSBI's near-term goal is to market Nova Scotia's advances in these areas and attract investment and employment to the region. Moreover, NSBI is working with leading New England trade and technology associations as well as government, and business leaders to support potential partnering opportunities for U.S.-based companies and those from the Province.

Nova Scotia Business Inc. is the province's business development agency, an organization that works with companies to provide business solutions. The private sector-led agency works to attract new businesses to the province and help those already in Nova Scotia expand through services such as export development and financing.