BGU Among Top 50 to Produce Entrepreneurs
September 9, 2019
The Times of Israel — Ben-Gurion University of the Negev (BGU) is one of four Israeli universities ranked among the top 50 undergraduate programs globally that produce the most VC-backed entrepreneurs, according to the latest ranking by PitchBook Research Institute.
This is the first year BGU has ranked in the worldwide lineup, and at only 50 years of age, it is also the youngest Israeli university. BGU jumped three spots from last year to make #49.
Tel Aviv University, The Technion-Israel Institute of Technology and The Hebrew University of Jerusalem were the other three Israeli universities that made it into the ranking.
According to Pitchbook, for the period between January 1, 2006 and August 2019, BGU produced 240 entrepreneurs, who founded 214 companies raising $3.5 billion in a first round of venture funding.
During the same period, Tel Aviv University churned out 694 graduates-turned-entrepreneurs, who founded 577 companies raising $10.6 billion.
The Technion produced 510 entrepreneurs, who founded 433 companies raising $9.3 billion. The Hebrew University created 333 entrepreneurs, who founded 294 companies raising $5.5 billion.
After the United States, Israel was the nation with the most universities ranked in the top 50. Canada had two and the UK, with Trinity College, one.
The top seven universities were all American, led by Stanford University and the University of California, Berkeley. Stanford produced 1,288 entrepreneurs and 1,114 companies that raised $37.8 billion. The University of California created 1,235 entrepreneurs and 1,103 companies that raised $28.6 billion.