Westchester County business news in brief.
Women”™s business partners cited
Two companies with headquarters in Westchester, IBM Corp. and PepsiCo Inc., have been listed among America”™s top corporations for women”™s business enterprises in 2011.
The Women”™s Business Enterprise National Council in Washington, D.C., annually recognizes corporations that develop innovative best practices that result in productive business partnerships with women entrepreneurs and valuable products and services for their partners”™ customers. In the list”™s 13-year history, PepsiCo has been honored 11 times and IBM has been recognized nine times.
Bachenheimer now runs E-Lab
Pace University”™s new Entrepreneurship Lab, known as the E-Lab, now has a CEO ”“Â it”™s professor Bruce Bachenheimer of Chappaqua. A clinical professor of management at Pace, Bachenheimer is now also the director of the E-Lab. It is available to all Pace students, in New York City and in Pleasantville.
Bachenheimer will advise all aspiring student entrepreneurs, in everything from accounting and computer science to law and the performing arts.
He came up with the idea for the annual Pace Pitch Contest and Business Plan Competition, which he introduced in 2004, just after joining the Lubin School of Business faculty.
“The Entrepreneurship Lab aims to foster an entrepreneurial mindset ”“ a way of thinking and acting that focuses on developing new ways to solve problems and create value,” said Bachenheimer. “These skills are important not only for those seeking to establish a new venture, but are increasingly critical in a wide variety of professional careers given today”™s hyper-competitive marketplace, where rapid technological innovation and globalization has led to corporate downsizing and a dramatic change in the very nature of work.”
Bachenheimer began his career as a Wall Street trader, and then took several years off to sail through the Caribbean to South America. After that, he launched an importing business and then moved into high-tech forensic science before joining Pace.