Yale School of Management will now be better equipped to meet the needs of entrepreneurially-minded students with the launch of a formal Entrepreneurship Program, announced late last week.

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Dr. Kyle Jensen has been appointed as the inaugural Shanna and Eric Bass '05 Director of Entrepreneurial Programs. Jensen, who will design and teach courses in entrepreneurship, as well as coordinate and advance a slate of activities in this area, begins his official duties on July 1st.

Yale SOM has also created two new scholarships for students in each entering MBA class. The merit-based awards will be granted on the basis of demonstrated interest in entrepreneurship and future potential as an entrepreneur. In addition, each year Yale SOM will name up to five Entrepreneurial Fellows who, after graduation, will receive two years of loan deferral to enable them to work full-time on a startup.

In the announcement, Yale SOM Dean Edward A. Snyder stressed that the entrepreneurial program build-out will have global dimensions, and said the school is deeply grateful to the donors who have contributed over $7 million to the threshold goal of $12 million for the program build-out.

Snyder says Jensen has exactly the right background for the role, given his experience in tech, healthcare and social sectors, as well as significant academic experience. Jensen has been working actively with Yale entrepreneurs since 2012, when he joined Yale Entrepreneurial Institute (YEI) as a mentor and entrepreneur-in-residence.

James Boyle, YEI's managing director, adds,"Kyle is an extraordinary person to lead SOM's entrepreneurial expansion. His unique combination of operating skills and willingness to roll up his sleeves and build the curriculum and the program will greatly augment Yale's innovation ecosystem."

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