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Blackstone's Charitable Foundation includes an "Entrepreneurship Initiative", a part of which is their Blackstone LaunchPad program. From their description:
<span style="color: rgb(94, 94, 94); font-family: georgia; font-size: 14px; line-height: 17px">"Blackstone LaunchPad is a national model for fostering entrepreneurship through higher education. Based on a successful program at the </span>[http://www.thelaunchpad.org/ University of Miami]<span style="color: rgb(94, 94, 94); font-family: georgia; font-size: 14px; line-height: 17px">, it encourages entrepreneurial thinking and activity among undergraduate and graduate students as well as faculty and alumni for the purpose of incubating a new generation of entrepreneurs who will contribute to the economic revitalization of distressed regions."</span>
Their main goal is to educate and "Supercharge Regional Economies." They do this by focusing on areas in which the entrepreneurial ecosystem is underdeveloped. They connect these regions with an influx of what they consider to be "high growth ventures" from students and building a network of already successful entrepreneurs around them.
