Texas A&M’s McFerrin Center for Entrepreneurship Achieves Highest Academic Honor
April 5, 2022
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Shanna Spencer '03
The McFerrin Center for Entrepreneurship at Texas A&M University is pleased to announce it is joining an elite group of academic entrepreneurship centers as the newest recipient of the Nasdaq Center of Entrepreneurial Excellence Award. Bestowed upon McFerrin Center leadership at the 2021 Global Consortium for Entrepreneurship Centers (GCEC) annual conference in Baltimore, MD, this award recognizes the dedication and impact the McFerrin Center has made in serving the entrepreneurial community at Texas A&M across Texas and beyond.
Founded in 1999 and housed at Mays Business School, the McFerrin Center serves as the campus-wide hub for entrepreneurship at Texas A&M, the core of a flourishing entrepreneurial ecosystem. Central to its mission is the belief that anyone can be an entrepreneur, and that successful entrepreneurial skills are best developed through cross-disciplinary and experiential learning. Embodied in the variety of experiences and programs offered, the McFerrin Center has become established as a leader in co-curricular education, applied research, and community engagement in entrepreneurship. Specific accomplishments recognized by the Nasdaq award include:
- McFerrin Center’s annual offering of 30 unique programs and engagement of 14,000+ students from across 13 different Texas A&M colleges and A&M System campuses, along with countless other alumni, non-student, and veteran entrepreneurs.
- Leading innovations in entrepreneurial curriculum through the launch of the Master of Science in Entrepreneurial Leadership (MS-ENLD), an online Graduate Entrepreneurship Certificate (pending approval), as well as many other individual courses and modules taught across campus by the McFerrin Center team.
- Support of world-class research initiatives that have resulted in over 20 research publications and recognition of research faculty with multiple prestigious awards within the last five years.
- Engagement of multiple corporate and community partners, such as the Brazos Valley Economic Development Corporation, along with a robust mentor network of over 220 individuals from a variety of fields and professional backgrounds.
- Achieving long-term financial support, including a $10M naming gift from the McFerrin family, a $2M endowment by Reynolds & Reynolds Corporation for the Texas A&M Entrepreneurship Bootcamp for Veterans program, and numerous other grants, sponsorships, and charitable donations.
Created in 2000 by Nasdaq in association with GCEC, this Excellence Award honors select centers that have made and will continue to make enormous contributions in advancing entrepreneurship as the force in economic growth throughout the world. It is the highest honor that a university entrepreneurship center can receive.
When asked what this award means to the Center, Executive Director Blake Petty responded, “The McFerrin Center for Entrepreneurship has a small but fierce team doing amazing and impactful things across the entire university, and beyond. We are both humbled and proud to receive this recognition of excellence in our efforts.”
The Nasdaq Center for Entrepreneurial Excellence Award adds to a number of other recognitions that the McFerrin Center has earned in recent years, including GCEC’s 2020 Award for Exceptional Contributions in Entrepreneurship Research and consistent rankings in the top 30 institutions for both undergraduate and graduate entrepreneurship programs by Princeton Review.