Entrepreneurial University is the vision of Jan A. Bata (genius Czech entrepreneur), seeking massive preparation of high-quality, professionally and ethically anchored entrepreneurs capable of creating jobs, realize needed innovations and strengthen local economies and communities. Entrepreneurship cannot be learned by reading books on entrepreneurship. Entrepreneurs learn by action: founding companies, analyzing markets, creating teams and mastering technologies. Entrepreneurship is knowledge (action), not information (description of action). There is plenty of information and critical shortage of knowledge. Information is not knowledge.