Apr 11, 2011

The Funded: Royalty Financing with Arthur Fox

Hi BVCPErs,

The Funded: Royalty Financing with Arthur Fox
Wednesday, April 27 at 4:30pm - Olin 101


Angels, VCs, and banks are not the only options for financing your new business. Come hear about this unique alternative from one of its evangalists. Arthur Fox has raised three funds to offer royalty-based financing to entrepreneurs. Arthur is also an experienced entrepreneur and co-founded three technology companies, Octek Inc., Lexidata Corp. and Medicel Inc. Octek was acquired by a Fortune 500 company and Lexidata conducted a successful IPO.


Field Trip! Bain Capital

Hi BVCPErs,

Field Trip! Bain Capital
Wednesday, April 20 · 5:00pm - 8:00pm
Bain Capital, 111 Huntington Ave, Boston, MA

Come look behind the scenes at Bain’s Venture Capital and Private Equity divisions and hear what its like day to day. BVCPE will visit Bain’s offices and sit down with several Babson alums to hear about life at Bain.

To RSVP, email arthurawatson@gmail.com

Apr 4, 2011

2011 Babson College Business Plan Competitions

Hi BVCPErs,

The Babson 2011 College Business Plan Competition is open.  The direct link to the registration is http://csv2011.eventbrite.com.

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Babson’s Annual Business Plan Competitions

Watch our 2011 business plan competition finalists compete for over $100,000 in cash and services in kind on Thursday, April 14 at 2pm!

For more information including agenda and registration, visit www.babson.edu/venturing or contact the Blank Center for more details.

Mar 25, 2011

BEEC Finance Panel

BVCPErs,

The Babson Energy and Environment Conference is coming up and we wanted to bring your attention to the many VCs on the finance panel.  The biggest challenge to adoption with many cleantech innovations is their financing.  This panel will discuss possible solutions as well as what is being funded now.

Financing Strategies: Funding Your Green Venture

This panel will bring together both business operators and financiers to discuss the state of financing green ventures in today’s economy.  The panel will look at the latest trends and innovations in debt, equity, and project financing in the cleantech space, and discuss both challenges and potential opportunities.  Panelists will discuss where the capital is flowing, how the latest are deals being structured, who the biggest winners and losers are, and how “financial entrepreneurs” can play an integral role in helping the new green economy to grow.

·         Jon Abe – Senior Vice President, Nexamp
·         Carry Bullock – CEO, ThermoEnergy Corp.
·         Sheeraz Haji– CEO, Cleantech Group
·         Chuck McDermott – General Partner, Rockport Capital
·         Moderator: Mark Donohue – Clean Technology Entrepreneur-in-Residence, Babson College

Register today at www.babsonenergy.com to be a part of this exciting event!

US/Israeli Venture Summit in NYC

BVCPErs,

YoungStartup is hosting the US/Israel Venture Summit in New York City and is looking for volunteers on March 29th from 10am - 5pm and on March 30th from 6:30am - 1pm.  The summit will feature Israeli startups and American VCs.

Many of you volunteered at YoungStartup's New England Venture Summit.  This event will have a similar format.  Volunteers will also be invited to the cocktail reception at the close of the event.  You can read more about the event here: http://www.youngstartup.com/usisrael2011/agenda.php

If you are interested, please email me.

Mar 23, 2011

GE Internship Opportunity

Members,

Another opportunity which would provide a great background for those interested in PE.

__________

Summer internship opportunities at GE Capital:

Interested qualified candidates ONLY should forward their resumes via email to me with a copy to Donna.  We’ll review them for quality and “fit” and pass the best ones on to GE Capital’s hiring manager.  At this juncture, GE Capital is NOT interested in receiving cover letters, so only résumés demonstrating an obvious “fit” with the candidate qualifications outlined below will be given serious consideration.

These summer internship opportunities are with GE Capital in the US (not within any other divisions of GE).  Below is a brief description of the qualifications that they’re looking for in summer internship candidates.  For your information and future reference, I’m including links that discuss the Experienced Commercial Leadership Program (ECLP) at GE.  Candidates who do well in the internship will likely get a full-time offer to join the ECLP program.

Although the ECLP spans all of GE’s business units, the summer internship opportunities are in GE Capital.  The hiring manager has emphasized that successful candidates will most importantly possess:
·         5-7 years of work experience, including prior exposure to the financial services sector;
·         What GE calls strong “commercial” skills (i.e., prior sales and marketing experience a plus); and
·         Very strong leadership skills.

More specifically, the summer internship candidate qualifications for GE Capital (Commercial Lending & Leasing; Real Estate; Consumer Financing; Aviation Services; Energy Financial Services) include:
    •    5-7 years of demonstrated “commercial” experience in customer-oriented roles, such as sales, marketing, consulting, banking, real estate, or financial services.
    •    Analytical and strategic thinking skills…financial modeling a plus; and
    •    Proven skills in leadership, communication, project management, influencing key stakeholders, etc.
Experienced Commercial Leadership Program (ECLP) links:
http://www.ge.com/careers/students/eclp/index.html
http://www.cefcorp.com/eclp/

GE’s ECLP consists of three eight-month rotations that will eventually lead to placement in an “executive role” in one of GE’s business units.  Simultaneously, the ECLP experience may offer six-month-long deep-dive training programs, such as a credit analysis “boot camp,” a presentation skills module, etc., and may also include, e.g., a tour of GE’s operations in Shanghai, PRC, which should give you a good sense that this is a truly outstanding career opportunity.

International students:  The hiring manager may be open to placing international students in these US-based GE Capital internships if they have applied for and received US work authorization and obtained a US Social Security Number for US payroll purposes.  Having said that, international students should understand that even if they were able to prevail in getting hired for the summer by GE Capital in the US, GE would NOT be making any commitment to rehire them in the US after graduation.  For the post-graduation ECLP program, GE’s hiring managers would welcome international students to apply; however, if a person is to be considered for the post-graduation US ECLP program, he/she will need to have “unrestricted US work authorization.” Otherwise, GE tends to place international students in “poles” outside of the US – i.e., GE’s Asia pole, Latin America pole, etc.

Thanks,

Don O’Connor (on behalf of Donna Sosnowski)
Graduate CCD
(781) 239-6490

Healthcare Commercialization Competition

This is an event that the club leadership has helped put together and several VCs will be acting as mentors and judges during the competition.