Growing and Sustaining Entrepreneurship, Science and Technology Innovation through Broad-based Ownership
The Foundation for Enterprise Development (FED) is a private, non-profit operating foundation established in 1986 by Dr. J. Robert Beyster, the founder of Science Applications International Corporation (SAIC) and The Beyster Institute.
The FED is dedicated to advancing entrepreneurship and science and technology innovation through broad-based ownership. The FED supports the sustainability and growth of U.S.-based science and technology companies by providing research, education, and services that promote innovation, entrepreneurship and shared ownership.
In the implementation of its programs, the FED develops strategic collaborations and partnerships with business, academia, foundations, and the U.S. government including The Aspen Institute, the Academy of Management, DARPA, U.S. Small Business Administration (SBA), XPrize Foundation, the Employee Ownership Foundation (EOF), UCSD, Rutgers University, University of Michigan, Stanford University, Small Business Innovation Research (SBIR) companies and others in the U.S. and the European Union.
FED Productions is the publishing arm of FED, developing curricula, books, films, and multimedia programs that promote broad-based employee participation, ownership and governance in 21st century entrepreneurship, and science and technology innovation.
In 2002, the FED launched The Beyster Institute to advance the understanding and practice of employee ownership through development and delivery of training and education. In 2004, the Beyster Institute joined the Rady School of Management at the University of California, San Diego, a leading professional school within one of the top-ranked institutions in the U.S. for higher education and research.
FED Principals & Practices
The FED encourages science and technology entrepreneurs to build cultures of innovation and shared ownership within their companies—an essential component to developing ground-breaking solutions for the hard, complex problems facing our nation and the world.
Through its Principles and Practices, the FED is committed to fostering business values, behaviors and actions that support the creation of innovative, ownership cultures within organizations and among their employees.
The foundation of the ownership culture is employees who help grow the company and create value. When employees are recognized for their contributions and valued, they create sustainable growth for the company and share in the success of the business as owners.
The FED Principles are
- The Ethic of Entrepreneurship
- System of Participation
- Passion to Do Great Things
The 11 Practices within the FED Principles include these key concepts:
- Give employees the freedom to create the kind of business, work environment and culture that encourages their passion to do great things.
- Encourage entrepreneurship and superior performance, and give employees an ownership stake in the organization as well as rewards commensurate with their contributions.
- Create empowering shared ownership cultures where employees participate in the policies and management of the company; understand the company’s financial performance, revenue generation and business model; and take actions to create sustainable, long-term and short-term performance.
Today FED Programs include
- Inter-disciplinary research fellowships, awards and symposiums to advance the study, documentation and presentation of broad-based employee shared-ownership models and practices; (link to Advancing Research Overview)
- Curricula development and collaboration with leading universities to build and sustain the largest global Curriculum Library on Employee Ownership (CLEO); (link to “Library & Portal)
- Commercialization and technology transition support for government R&D agencies, small science and technology businesses and entrepreneurs to enable the successful launch of new innovative products and services in the public market; (link to DARPA)
- Development and distribution of curricula, books, films, and multimedia programs through FED Productions to inform, educate and expand the understanding and adoption of broad-based employee ownership, participation and governance. (link to FED Productions)
In the development and implementation of our programs, FED collaborates and partners with leading universities, foundations, associations, entrepreneurs, small businesses and the federal government to build and sustain programs that encourage science and technology innovation and the integration of broad-based ownership, governance, policies, and practices to engage and incentivize employees.
With universities across the nation, the FED funds, creates and oversees new inter-disciplinary applied research and education programs to support students and faculty at business and engineering schools and entrepreneurship centers. Our goal is to encourage the next generation of science, technology and business leaders to launch and lead new technical enterprises that integrate broad-based employee ownership and achieve sustainable success. All of which contributes to creating a solid, sustainable basis for a free enterprise system.
Entrepreneurs and Small Businesses
The FED directly supports entrepreneurs in advancing new, important, disruptive science and technology innovations and helping to grow small businesses through government-funded research and development programs, innovation-based competitions, and publications. The FED develops and provides customized technology transition assistance in the form of consulting, training and business tools to guide early-stage technology development and build readiness for market transition and commercialization of advanced innovations.
Foundations and Associations
The FED develops and sponsors programs with select organizations to advance research in science and technology innovation, shared ownership, and sustainable technologies, and to promote education in broad-based employee participation, ownership and incentivization of innovation through ownership. Our collaborations include:
- Founder and Sponsor of StartR, a nonprofit accelerator program for UCSD Rady School of Management to provide alumni early stage companies and student teams with mentoring, educational workshops, advice and access to resources for crowdfunding and commercialization, and encourage broad-based ownership, employee participation and governance in start-up science and technology organizations.
- Partnership between FED, EOF and the Academy of Management (AOM) on the Emerging Scholar Annual Award supporting innovative research on broad-based participation and employee ownership practices and policy in management or management-related disciplines
- Development of the largest online Curriculum Library on Employee Ownership (CLEO) for a global network of business educators through collaboration with the Aspen Institute and EOF. CLEO is recognized in national media channels including The Wall Street Journal, Yahoo and Google News.
The FED supports, trains and mentors small businesses that develop science and technology innovations under programs sponsored by the U.S. government, Department of Defense and the Small Business Administration (SBA). The FED provides customized technology transition assistance and helps advance small business innovation for commercialization in public markets and with targeted corporations. The FED works with the
- Defense Advanced Research Projects Agency (DARPA) Small Business Innovation Research (SBIR)/Small Business Technology Transfer (STTR) companies
- Small Business Administration (SBA) award to the San Diego Advanced Defense Cluster, providing training services at no cost as well as mentoring and counseling for small businesses
Program and Consulting Team
The FED team includes senior subject-matter experts with extensive experience in technology development, management of federally-funded research and development, commercialization, DoD small business training, and research and education on entrepreneurial work practices, broad-based ownership and alternative financing for start- up and small business.
- Mary Ann Beyster, Research and Education Program Development - LinkedIn
- Anu Bowman, Program Manager, Technology Transition and Commercialization - LinkedIn
- June Chocheles, Technology Development and Transition - LinkedIn
- Peter Economy, Entrepreneurship Research and Writer - LinkedIn
- Bianca Lipshitz, Business Analyst - LinkedIn
- Susan Pernia, Proposal and Program Management - LinkedIn
- Marci Phelan, Technical Writer/Editor - LinkedIn
- Wai-Lean Roos, Administration and Program Assistance - LinkedIn
- Jim Russell, Technology Development and Transition - LinkedIn
- Steve Sunshine, Technology Commercialization - LinkedIn
- Tim Sweeney, Technology Development and Transition