Foundation For Enterprise Development

FED Principles

Growing and Sustaining Entrepreneurship, Science and Technology Innovation through Broad-based Ownership

About FED

The Foundation for Enterprise Development (FED) is a private, non-profit operating foundation established in 1986 by Dr. J. Robert Beyster, the founder of Science Applications International Corporation (SAIC) and The Beyster Institute.

The FED is dedicated to advancing entrepreneurship and science and technology innovation through broad-based ownership.  The FED supports the sustainability and growth of U.S.-based science and technology companies by providing research, education, and services that promote innovation, entrepreneurship and shared ownership.

In the implementation of its programs, the FED develops strategic collaborations and partnerships with business, academia, foundations, and the U.S. government including The Aspen Institute, the Academy of Management, DARPA, U.S. Small Business Administration (SBA), XPrize Foundation, the Employee Ownership Foundation (EOF), UCSD, Rutgers University, University of Michigan, Stanford University, Small Business Innovation Research (SBIR) companies and others in the U.S. and the European Union.

FED Productions is the publishing arm of FED, developing curricula, books, films, and multimedia programs that promote broad-based employee participation, ownership and governance in 21st century entrepreneurship, and science and technology innovation.

In 2002, the FED launched The Beyster Institute to advance the understanding and practice of employee ownership through development and delivery of training and education.  In 2004, the Beyster Institute joined the Rady School of Management at the University of California, San Diego, a leading professional school within one of the top-ranked institutions in the U.S. for higher education and research.

FED Goals

FED Programs

FED Programs include

  • Inter-disciplinary research fellowships, awards and symposiums to advance the study, documentation and presentation of broad-based employee shared-ownership models and practices; (link to Advancing Research Overview)
  • Curricula development and collaboration with leading universities to build and sustain the largest global Curriculum Library on Employee Ownership (CLEO); (link to “Library & Portal)
  • Commercialization and technology transition support for government R&D agencies, small science and technology businesses and entrepreneurs to enable the successful launch of new innovative products and services in the public market; (link to DARPA)
  • Development and distribution of curricula, books, films, and multimedia programs through FED Productions to inform, educate and expand the understanding and adoption of broad-based employee ownership, participation and governance. (link to FED Productions)

FED Programs (PDF, 232 KB) Download PDF

FED Collaborators

In the development and implementation of our programs, FED collaborates and partners with leading universities, foundations, associations, entrepreneurs, small businesses and the federal government to build and sustain programs that encourage science and technology innovation and the integration of broad-based ownership, governance, policies, and practices to engage and incentivize employees.


With universities across the nation, the FED funds, creates and oversees new inter-disciplinary applied research and education programs to support students and faculty at business and engineering schools and entrepreneurship centers. Our goal is to encourage the next generation of science, technology and business leaders to launch and lead new technical enterprises that integrate broad-based employee ownership and achieve sustainable success. All of which contributes to creating a solid, sustainable basis for a free enterprise system.

Entrepreneurs and Small Businesses

The FED directly supports entrepreneurs in advancing new, important, disruptive science and technology innovations and helping to grow small businesses through government-funded research and development programs, innovation-based competitions, and publications. The FED develops and provides customized technology transition assistance in the form of consulting, training and business tools to guide early-stage technology development and build readiness for market transition and commercialization of advanced innovations.   

Foundations and Associations

The FED develops and sponsors programs with select organizations to advance research in science and technology innovation, shared ownership, and sustainable technologies, and to promote education in broad-based employee participation, ownership and incentivization of innovation through ownership. Our collaborations include:

  • Founder and Sponsor of StartR, a nonprofit accelerator program for UCSD Rady School of Management to provide alumni early stage companies and student teams with mentoring, educational workshops, advice and access to resources for crowdfunding and commercialization, and encourage broad-based ownership, employee participation and governance in start-up science and technology organizations.
  • Partnership between FED and the Academy of Management (AOM) on the Emerging Scholar Annual Award supporting innovative research on broad-based participation and employee ownership practices and policy in management or management-related disciplines
  • Development of the largest online Curriculum Library on Employee Ownership (CLEO) for a global network of business educators through collaboration with the Aspen Institute and EOF. CLEO is recognized in national media channels including The Wall Street Journal, Yahoo and Google News.


The FED supports, trains and mentors small businesses that develop science and technology innovations under programs sponsored by the U.S. government, Department of Defense and the Small Business Administration (SBA).  The FED provides customized technology transition assistance and helps advance small business innovation for commercialization in public markets and with targeted corporations. The FED works with the


Program and Consulting Team

FED Program and Consulting Team

The FED team includes senior subject-matter experts with extensive experience in technology development, management of federally-funded research and development, commercialization, DoD small business training, and research and education on entrepreneurial work practices, broad-based ownership and alternative financing for start- up and small business. 

  • Mary Ann Beyster, Research and Education Program Development - LinkedIn
  • June Chocheles, Technology Development and Transition - LinkedIn
  • Jamie Dickerson, Artistic Assistance - LinkedIn
  • Peter Economy, Entrepreneurship Research and Writer - LinkedIn
  • Moira Feighan, Executive and Program Assistance - LinkedIn
  • Bianca Helm, Business Analyst - LinkedIn
  • Jim Russell, Technology Development and Transition - LinkedIn

Our Trustees

  • Bob Beyster

    Dr. J.R. Beyster, Founder and Trustee Emeritus

    Bob Beyster was the founder and chairman of the FED. He oversaw the strategic direction of the FED and actively participated in special projects that promoted the values and practices that he used to build Science Applications International Corporation (SAIC)—the company he founded in 1969 and grew to over $8 billion in annual revenues.

  • Mary Ann Beyster

    M.A. Beyster, President

    Mary Ann Beyster is the FED President and joined the foundation in 2005. She is an author, producer, and publisher of curricula, books, documentary films, and multimedia programs that advance entrepreneurial, innovative, and shared ownership models. She is the Executive Producer of the award-winning documentary film, We the Owners, which is distributed by Films Media Group.

    Ms. Beyster established an inter-disciplinary research fellowship program, awards and symposiums on broad-based employee ownership, participation, and governance with an emphasis on sustainability and growth of science and technology companies. She has created small business technology-based initiatives and government technology transition programs for DARPA, SBA, regional innovation clusters, and universities. She has more than 25 years experience in business and technology management at SRI International, CH2MHill, Science Applications International Corporation (SAIC), and FED. Professional affiliations/board membership include: Member, Academy of Management; Advisory Board, Rady School of Management, UCSD; Executive Advisory Board, M.I.T. Sloan School of Management; and former Board member, The Nature Conservancy, California Chapter, UCSD Foundation, and La Jolla Music Society.

  • Tom Darcy

    Thomas E. Darcy, Trustee

    Tom Darcy is chief financial officer of Tocagen, a biopharmaceutical company pursuing the discovery, development, and commercialization of products for the treatment of cancer. Tom was an executive vice president for Strategic Projects at SAIC after serving as SAIC's chief financial officer for five years starting in 2000. He led the finance organization of SAIC during a period of significant reorganization and change, and served as chairman of the audit committee of AMSEC. Prior to working at SAIC, Tom was a partner at Price Waterhouse, where he worked for over 25 years. His clients comprised public, venture capital-backed, and private companies; and numerous entities that completed initial public offerings. Tom is a member of the American Institute of Certified Public Accountants (CPA) and the California Society of CPAs, and is on the Board of Directors of the College of Business Administration at San Diego State University (SDSU), the Campanile Foundation at SDSU, the SDSU School of Accountancy, and the YMCA of San Diego County.

  • Steve Fisher

    Steven P. Fisher, Trustee

    Steven Fisher is the Chief Financial Officer of TrellisWare Technologies, Inc. a provider of advanced wireless communications solutions. Previously, he was the Treasurer of SAIC and oversaw capital markets, strategic financial planning and analysis and risk management. He has approximately 25 years of financial and operational experience in technology-based businesses including the development and implementation of equity-based incentive programs to foster entrepreneurial business activities and employee-ownership based management practices.

  • David Binns

    David Binns, Secretary

    David Binns is the secretary of the FED Board of Directors and the chief operating officer of Macfadden, a professional services corporation providing disaster response management services, integrated information technology services, program management services, and management consulting services to government agencies, corporations, and other organizations. Prior to joining Macfadden, he was an associate director for the Beyster Institute, where he managed the development of employee-ownership consulting and outreach programs. David has been actively involved in efforts to promote the use of employee ownership as a means to facilitate privatization, defense conversion, and economic development in several foreign countries.

About FED

The FED is focused on helping the sustainability and growth of U.S.-based science and technology companies through its research, education, and services that advance innovation and broad-based ownership.