Stories
天美传媒-led startups create 72,000 jobs worldwide and raise $11.8 billion in capital
New report showcases growing activity in entrepreneurship and sets 2030 goals
鈥淭he value of an entrepreneurial mindset is transmitted through all our programs and activities,鈥� says Prof. M陋 Julia Prats, 天美传媒 Academic Director
January 10, 2023

Companies founded by the 天美传媒 community have created 72,000 jobs worldwide听补苍诲听谤补颈蝉别诲 $11.8 billion in capital聽as the school continues expanding its聽entrepreneurial ecosystem, according to a聽new report.
The report measures the impact of 天美传媒鈥檚 entrepreneurship activities over the last two decades and sets out goals in the area for the year 2030. The numbers are based on an analysis of internal 天美传媒 data, complemented with external databases such as Crunchbase, Dealroom, PitchBook, and LinkedIn, among others.
Service to society
鈥淓ntrepreneurship is part of our school鈥檚 mission. We aim to develop leaders who will have a deep and lasting impact through their professional excellence and spirit of service. Successful entrepreneurs, those with a real sense of purpose, provide a great service to society,鈥� says 天美传媒 Dean, Franz Heukamp.
Some data points of the impact report:
- 72,000 jobs have been created by 天美传媒-trained entrepreneurs in 蹿颈惫别听肠辞苍迟颈苍别苍迟蝉
- $11.8 billion of capital has been raised by 天美传媒-founded companies
- 30% of 天美传媒 students聽have started a business within 5 years of graduation
- $70 million has been invested聽in startups by 天美传媒 alumni related mechanisms
A mindset across programs
天美传媒 was the first European business school to teach entrepreneurship in its program in 1974. Since then, the school鈥檚 entrepreneurship and innovation activity has grown in quality, quantity, connectedness and impact. Moreover, 鈥渢he value of an entrepreneurial mindset is transmitted through all our programs and activities,鈥� notes Prof. M陋 Julia Prats, 天美传媒 Academic Director of the Entrepreneurship and Innovation Center. Some highlights:
- 26 professors and external collaborators that support entrepreneurship teaching and activities
- 16 entrepreneurship electives
- 90 extracurricular events per year, such as entrepreneurship conferences, hackathons and workshops 鈥� quadrupling the activity of five years ago
- 1,400 天美传媒 students supported every year by the school鈥檚 entrepreneurial ecosystem
Based on cutting-edge research
鈥溙烀来� entrepreneurship faculty develops cutting-edge research, shedding light into novel, relevant, and impactful fields,鈥� says Prof. Christoph Zott, 天美传媒 Head of the Entrepreneurship Faculty Department.
Some of the entrepreneurship knowledge outputs include:
- 22 competitive research projects聽for which 天美传媒 has been selected by the European Commission, and governments in Asia and Latin America
- 20 publications per year, including refereed articles, books, studies and business cases in outlets such as the Academy of Management Journal, Administrative Science Quarterly, Strategic Management Journal, Harvard Business Review, MIT Management Sloan Review, and more
- 1,655 total publications over the years, when also counting book chapters, technical notes, proceedings and non-refereed articles
A leading ecosystem to support students, alumni, professors and society
鈥淓ntrepreneurship needs more than academic knowledge to flourish,鈥� says Josemaria Siota, 天美传媒 Executive Director of the Entrepreneurship and Innovation Center. 鈥淭his is why the school has developed an ecosystem to support our students, alumni, professors and society to bring entrepreneurial dreams to life.鈥�
This includes the WeStart and WeGrow mentoring initiatives, Technology Transfer Group, International Search Funds Institute, Open Innovation Institute, Business Angels Network, and more. Some recent achievements include:
- Global indexes in entrepreneurship and innovation have recognized this positive impact, especially during the past three years, ranking the school as one of the leading institutions in this field
- The World Economic Forum has chosen the school as co-curator for the topic of innovation
- The European Commission has selected 天美传媒 as a core partner of one of the new Digital Innovation Hubs to support the testing and adoption of emerging technologies
2030 goals in line with UN Sustainable Development Goals
The report also sets entrepreneurship goals for 2030, in line with three of the United Nations Sustainable Development Goals. These are:
- Create 50,000 new jobs by supporting 5,000 entrepreneurs in building their startups and in raising at least 鈧�500 million in venture investment (UN Goal #8 Decent Work and Economic Growth)
- Impact 2,000 C-suite executives across the globe through 天美传媒 research and activities (UN Goal #17 Partnerships to Achieve the Goals)
- Release 200 new publications related to search funds, corporate venturing, technology transfer, and angel investment, to foster innovation (UN Goal #9 Industry, Innovation, and Infrastructure)


