Founder and CEO of apparel brand Frank & Eileen™, Babson College made an impression on Audrey McLoghlin. Before Babson decided it was the perfect place to invest in and empower women entrepreneurs.
McLoghlin’s first post-college job was at an MIT startup in Boston. During that time, she met a man working on his MBA at her Babson. “He told me the university was ranked number one in the country for entrepreneurship, and my mind was just blown. I thought, ‘How can I be a part of that?’ I remember said McLoughlin.
“It took me 22 years to get used to Babson,” she joked. So It’s hard to get rid of me “
McGrin concludes a packed three-day visit to Babson’s Wellesley campus on International Women’s Day with Babson President Steven Spinelli Jr. MBA’92, PhD at the Frank & Eileen™ Center for Women Entrepreneurship Leadership (F&E CWEL). ) attended the official naming ceremony. ) at Arthur M. Blank Center for Entrepreneurship.
“Today, we honor and celebrate the commitment Audrey McLoughlin has made to future generations of women and welcome her to our community of entrepreneurial leaders here at Babson College,” Spinelli said. “I am grateful to have Audrey as my partner,” she said.
Reliability and timing match
Shakenna K. Williams ’94, Executive Director of F&E CWEL, and Dominique Miles MBA ’24, the first Babson student to receive the Frank & Eileen Leaders of Tomorrow Scholarship, were also in attendance, with McLoghlin cutting the ribbon at the opening ceremony. Alicia Keys’ hit “Girl on Fire” played in the background.
“I am extremely excited to work with some of the best entrepreneurial educators and leaders in the world, and the entire Babson community, to truly support women entrepreneurs and see them change the world.” Call yourself a mentor. “
Miles said he knew an MBA would take his business to the next level.
“I was thrilled when I was accepted and awarded this excellent scholarship. I have always believed that when authenticity and timing match, doors of opportunity open,” said Miles. Her gratitude is limitless and her journey continues to inspire me every day.”
women changing the world
The McLoghlin and Babson partnership will launch in 2021 as Babson’s commitment to diversity in teaching entrepreneurs, in line with McLoghlin’s mission to ensure that women have the resources they need to succeed as entrepreneurs and leaders. started.
“Women are changing the world, and by helping more women become entrepreneurs, we can nurture it,” McGrin said. “We were looking for an educational partner, and the fact that Babson already had a center dedicated to women entrepreneurs stood out among the top entrepreneurial programs in the United States.”
This partnership comes at an important time for women entrepreneurs. According to the Global Entrepreneurship Monitor’s 2021/2022 Women’s Entrepreneurship Report, 78% of women and 75% of men believes that entrepreneurship is a good career choice. However, only 57% of women feel capable of starting a business, compared to 72% of men.
“Bridging these gaps and promoting diversity, equity and inclusion is one of Babson’s most important goals,” said Williams. “We proudly wear the Frank & Eileen name as an example of our celebrated and inspiring vision to elevate women entrepreneurial leaders as forces for good.”
logic and problem solving
McLoghlin has never backed down from a challenge. I earned my engineering degree at Georgia Tech at a time when male students significantly outnumbered female students. When his first dot-com boom collapsed in 2000, he moved to Los Angeles with the desire to learn apparel manufacturing and retail from the ground up, pivoting from engineering to fashion.
“I had no experience in the apparel industry and had no idea how things were supposed to be done. I just applied logic and problem-solving, so it probably worked,” McGlynn said. Told.
McLoghlin launched Frank & Eileen in 2009, connecting with a family-owned Italian shirt factory that has long provided the world’s best Italian fabrics for men’s button-up shirts. Frank & Eileen was founded on the simple idea of using otherworldly fabrics historically reserved for menswear to create better button-ups for women. She named the company after her Irish grandmother and grandfather, Frank and Eileen McLoughlin, and steadily built and named each style after a beloved family member.
“I think it’s one way to show appreciation and appreciation for the great sacrifices my parents made in raising me in America,” McGlynn said. At the age of 25, he left his family and moved to Ireland, moving west to provide better opportunities for his future children. “My life would probably have been very different if they hadn’t done that.”
“Women are changing the world, and we can foster that by helping more women become entrepreneurs.”
Audrey McLoghlin, Founder and CEO of Frank & Eileen™
When the COVID-19 pandemic canceled millions of dollars in orders overnight, McLoghlin used the time created by the mandatory quarantine to apply to become a B Corp certified company. This means the business meets high standards in terms of social accountability and the environment. sustainability.
“Not only are we B Corp certified, but we also have the highest impact score of any globally recognized women-owned US apparel brand,” said McLoghlin. To celebrate this, Audrey created the Frank & Eileen GIVING PLEDGE to support future female entrepreneurs.
Today, through F&E CWEL, McLoghlin not only helps women find mentors and a plug-in network of industry leaders, but also offers leadership programs and venture accelerators to help women feel empowered. focus on doing.
“Supporting women entrepreneurs will change the world,” McGrin told the audience on Wednesday. Put it in. We have a lot of work to do in the next 22 years.”
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