Tel Aviv University has been ranked the world's fifth most-leading school for entrepreneurship by Startup Genome, an international policy advisor and research organization that every year names the globe's top institutions.
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It is the only Israeli university to have made the list and the only non-American school to have ranked in the top five, following Stanford University, Massachusetts Institute of Technology, University of California, Berkeley, and Harvard University.
The ranking reflects the involvement of alumni at the world's leading universities in entrepreneurship, and in the establishment of scale-up companies, meaning companies that have advanced beyond the startup stage and whose worth is estimated at $50 million or more.
A report by Startup Genome said that about 1,300 TAU alumni have gone on to found active companies in a wide range of fields over the last decade, 40 of which have become scale-up companies.
"This is a very significant achievement for both Tel Aviv University and Israel," Professor Moshe Zviran, dean of TAU's Coller School of Management and Chief Entrepreneurship and Innovation said.
"The Startup Genome ranking is a standard of entrepreneurial excellence of the highest level in the world. Israel in general, and TAU as its leading entrepreneurial university, form fertile ground for uniquely creative young entrepreneurs who establish independent companies and hold key positions in the world's leading corporations.
"The rich toolbox which our students acquire during their studies serves them well when they enter the job market. We are proud of our alumni and students for this achievement and will continue to fortify TAU's position in the top echelons of global entrepreneurship," Zviran said.
The Israeli institution is followed in the ranking by Cornell University, Wharton School of the University of Pennsylvania, the University of Pennsylvania, and Columbia University.
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