Foundation for Enterprise Development

The Foundation for Enterprise Development (FED) was established in La Jolla, California, in 1986 by Dr. John Robert Beyster with a broad charter to help develop successful enterprises in the United States and around the world. To accomplish this, FED has focused on advancing entrepreneurship and employee ownership through its work with technologists, entrepreneurs, executives, governments, and educators.
In 2002, FED created and launched the Beyster Institute to focus on training, education, and consulting in employee ownership in the U.S. and worldwide. In 2004, the Beyster Institute became part of the Rady School of Management at the University of California, San Diego. The Institute actively assists individual companies in creating or enhancing employee ownership programs.
The FED's guiding principles include:
*Give employees the freedom to create the kind of business and environment they would be passionate to work in.
*Encourage entrepreneurship and superior performance, and give employees ownership of the organization and rewards commensurate with their contributions.
*Create an empowering culture where employees have a say in the policies and management of the company, know how the company makes money and is performing, and take actions for sustainable long-term and short-term performance.
The FED is working with universities across the nation, in particular, the Beyster Institute at University of California San Diego, which is teaching graduate-level courses, conducting webinars, running the leading national employee ownership conference, presenting at numerous conferences, and consulting directly with more than 100 companies on employee ownership. The FED also collaborates with Rutgers University, a leading research university in employee ownership, administrator of an international fellowship program on employee ownership, and location of the J. Robert Beyster Professorship in Employee Ownership.
The FED is the transition contractor for the Defense Advanced Research Projects Agency (DARPA) Small Business Innovation Research (SBIR) technology transition support program, and project advisor and small business training consultant on San Diego’s Advanced Defense Technology Cluster, one of ten regional innovation and economic development clusters recently awarded by Small Business Administration. The FED personnel have been keynote speakers and panel participants on topics of SBIR technology transition, organizing and financing growth, and broad-based ownership at small business and entrepreneurship conferences nationally sponsored by United States Department of Defense, NDIA, White House, employee-ownership associations, and regional economic development agencies.

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