Sheldon Adelson. Photo: Courtesy Sheldon Adelson.

JNS.org – The Dr. Miriam and Sheldon G. Adelson School of Entrepreneurship, the first school of its kind in Israel, was inaugurated on Sunday at the Interdisciplinary Center (IDC) college in Herzliya. The new institute aims to provide students with the knowledge and tools to realize their entrepreneurial ideas and ambitions.

“An entrepreneur is born with the mentality to take risks, though there are several important characteristics: courage, faith in yourself, and above all, even when you fail, to learn from failure and get up and try again,” Sheldon Adelson said, Israel Hayom reported. “You can teach these characteristics.”

Dr. Miriam and Sheldon Adelson are the world’s leading private donors to Jewish education, the Taglit-Birthright Israel program (to which they have contributed $180 million), and Jerusalem’s Yad Vashem Holocaust memorial.

Full disclosure: Sheldon Adelson owns the Israeli newspaper Israel Hayom, whose English-language content is distributed exclusively by JNS.org.