An excerpt from McDonough Business School…

This theme pervades the startup world—investing in the person behind the mission for the common good, according to Ted Leonsis (C’77, P’14,’15), founder, chairman, principal, and chief executive officer of Monumental Sports & Entertainment, and a team of expert entrepreneurs at Georgetown Entrepreneurship’s Bark Tank Pitch Competition held Tuesday, Nov. 4, at Georgetown University’s McDonough School of Business.

Inspired by the business pitches, Leonsis announced that the total amount of the Leonsis Family Entrepreneurship Prize would increase this year to $150,000 so that the students and alumni had more funds to grow their ventures.

“I’m really proud of what Georgetown is creating for entrepreneurs. Don’t give up. We differentiate ourselves because we’re on a mission and no great entrepreneur is just about the dollars,” said Leonsis. “Everyone of our institutions needs a jolt of change, a pivot to be more nimble, and an entrepreneurial mindset. I believe Georgetown McDonough will be a leader in sending those of you with that mindset out into the world.”

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