W|N Becomes a Founding Sponsor of the BYU Center for Entrepreneurship

In October W|N joined as one of 140 founders who support the Center for Entrepreneurship of the BYU Marriott School of Management. The center's mission is to educate, encourage, and support students in understanding how to successfully start and operate new business ventures and to advance entrepreneurship internationally. Founders of the center provide support in teaching and mentoring students, providing research opportunities, and in giving financial support to the center.

According the U.S. Small Business Administration, in today's economy small businesses:

• Represent more than 99.7 percent of all employers
• Employ more than half of all private sector employees
• Pay 44.5 percent of total U.S. private payroll
• Generate 60 to 80 percent of net new jobs annually
• Create more than 50 percent of non-farm private gross domestic product (GDP)
• Produce 13 to 14 times more patents per employee than large patenting firms. These patents are twice as likely as large firm patents to be among the one percent most cited
• Are employers of 39 percent of high tech workers (such as scientists, engineers, and computer workers)
• Made up 97 percent of all identified exporters and produce 29 percent of the known export value in FY 2001

W|N is pleased to join with the Center's other Founders in helping to educate and train the next generation of Utah entrepreneurs.