The Office of Business Development exists to enable and support you and your school in being able to offer the opportunities it wishes to offer its constituents. New revenue generation can help your school to:
Support critical academic, brand-building programs that may be financially unprofitable
Offer increased financial aid
Attract and retain high quality faculty and staff
Invest in in buildings and equipment
Mitigate future tuition increases
Be an Entrepreneur
Business Development does not impose ideas on you, but rather takes your ideas and helps you realize them by providing strategic thinking and analysis that you may be too resource-constrained to complete yourself.
If you do, you will be eligible to compete for the chance to win the title of “Tufts Entrepreneur of the Year” during the June Distinction Awards ceremony.
Receive Central Support
Ideas that are developed and demonstrate the potential to generate a substantial return may be chosen to receive seed funding from the University to ensure success. Regardless of central support, all business plans will consider the incremental resources required to support the proposal. Only proposal that are self-funding in the near-to-medium term are likely to be implemented through this Office.