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.

Flywheel Seeking Candidates for Fellows Program

Members,

Here is an opportunity that may be of interest to you.

____________

Flywheel Ventures Seeking Candidates for Fellows Program

At its core venture capitalism is an apprenticeship business, requiring an approach that includes hands-on mentoring and close guidance. Successful venture investors, with vision and judgment, are made not born.

We are pleased to offer students the prospect of working as a summer apprentice with New Mexico-based Flywheel Ventures. The Flywheel Fellows program is dedicated to serving as a sophisticated tool that builds successful leaders, teams and organizations. Working in both a Flywheel investment analysis and portfolio company operations capacity, students gain an appreciation of and experience with the partnership building, strategy and tactical execution required to build venture-backed technology start-ups.  Students are immersed in and work directly with Flywheel with responsibilities in areas such as opportunity analysis, investment due diligence, market ecosystem mapping and portfolio governance.  Additionally, students can be dedicated operationally to one or more of Flywheel’s portfolio companies in areas such as strategy, finance, sales and marketing, product management, and business development.  Each student has the full Flywheel resources and network behind them, stretching worldwide and including a unique blend of classic strategy, hands-on practicality, depth and authenticity in all areas of technology entrepreneurship and investment.

Sitting at the intersection of venture capital and high technology entrepreneurship, the Program has been designed to help students to develop a practitioner’s understanding of the techniques for investing in and growing successful emerging technology companies. In addition, one of the greatest long term benefits is the ability to leverage the evolving Flywheel Fellows Alumni Network.  It is a select group.

Interested students should submit a resume and cover letter that addresses areas of interest, expectations for career experience, and why you are a good fit for the Fellows program to fellowapp@flywheelventures.com by April 15. Enrollment is limited.  Students who accept admission to the program become Flywheel Fellows, allowing the best and brightest to put their talents to work in the Southwest / Rockies by investing first institutional capital in promising ventures.

The 2011 Flywheel Fellows class will be announced in May and the Program runs from June 13 through August 5. This is an unpaid internship opportunity.

For additional details, please visit Flywheel Fellows Program.

Mar 14, 2011


The Angel Capital Association (ACA)’s Silvertip Awards recognize North America’s most promising angel-backed companies.  Through an innovative crowdsourcing-based design the competition brings together angel investors, entrepreneurs, students, and domain experts in a collaborative environment.  The competition is actively recruiting students, investors, and domain experts to participate in the crowdsourced judging (ongoing, ends on 3/20). Sign up.

Here is your chance to showcase what you know to, and directly interact with, an audience of angel investors, angel-backed entrepreneurs, corporate acquirers, and your peers.  Also, all participants receive an invitation to an in-person networking event (4/4) where they can meet key players in the competition.
A handful of top-performing participants also win VIP Badges, granting high-level access to competition finalists, sponsors, a free ticket to participate in the 2011 ACA Summit (4/4-6), public recognition at the summit, and a ticket into the VIP awards reception. You may contribute as much or as little time as you like, but those who perform well have substantially higher odds of winning a VIP Badge.

Judging is going on right now. You are invited to dive in.  Sign up!

--
****************************************************************
Paul G. Silva | 413-667-9886 | paul@angelcatalyst.com
   Angel group manager | entrepreneur | mentor
****************************************************************

Mar 9, 2011

Babson Venture Capital & Private Equity Club Newsletter: Mar 9, 2011

Announcements

Congratulations to the Babson VCIC team who won the Entrepreneur's Choice Award at the regional competition!

BVCPE would like to thank all of the trainers and judges who helped prep this year's teams.  We hope that all of the participants learned from the competition.  We everyone to stay involved and compete again in next year's competition.

Leadership Positions
BVCPE is looking for recruits.  We are now accepting applications for leadership positions.  Please email arthurawatson@gmail.com if you are interested.  We will begin the interview process soon.

The Funded
Thanks for everyone who came out to the last The Funded to hear Matt Wetheiler of Flybridge Capital and Jon Radoff of GamerDNA/Disruptor Beam discuss the intersections of venture capital and gaming.  It was a lively discussion and Jon wrote a blog post about his thoughts from the evening here: http://radoff.com/blog/2011/02/25/vcs-invest-games/

Jon is also publishing a book this April about social gaming.  You can find it here:
http://www.amazon.com/Game-Energize-Business-Social-Media/dp/0470936266/ref=sr_1_1?ie=UTF8&s=books&qid=1296660029&sr=8-1


If you know anyone who is interested in the club, anyone can join our mailing list by sending a blank email to join-bvcpe@listserv.babson.edu

Upcoming Events


Follow all of BVCPE clubs events at our Google Calendar and our Life @ Babson page.
http://www.google.com/calendar/embed?src=d1rtihf4el3sptonck8n7fm1hc%40group.calendar.google.com&ctz=America/New_York
and
https://life.babson.edu/organization/babson-venture-capital-private-equity-

_____________________________________

Other Events


Know of an event that you don't see listed?  Email me at arthurawatson@gmail.com
For more events in the Boston startup scene, check out Greenhorn Connect, at http://greenhornconnect.com/events/calendar
 and for help paying all those registration fees, visit Stay in MA, at http://www.stayinma.com/home
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MIT Sloan BioInnovations Conference 2011: Friday, March 4th @ 8:30am-5pm - Boston Marriott Cambridge

The 8th Annual MIT Sloan BioInnovations Conference brings together thought leaders from industry and academia to discuss important topics applicable across the health care industries.

For full details on panel speakers and to register, visit: http://web.mit.edu/sloanhccbioinnovations/2011/index.html
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Web Innovators Group: Monday, March 7th @ 6:30pm-9pm - Royal Sonesta Hotel Cambridge

The quarterly web startup showcase continues.  See the hottest new Boston internet startups and mingle with entrepreneurs, techies, angels and VCs.  Look out for the after-parties.

We'll continue with the same format of self-/angel-funded startups presenting to the crowd as "Main Dishes" in the grand ballroom with "Side Dishes" demoing informally throughout the night from nearby skyline suites room. The doors officially open at 6:30pm with presentations starting at 7pm, including the "Audience Choice" award given to the crowd's favorite company as determined by mobile voting.
_____________________________________


Futures in Life Science Program 
Commercialization 1: Marketing, Product Management, Business Development 
March 8th @ 5:30pm-8:00pm - MassBio Offices, One Cambridge Center

Moderator:
- John Hession: Partner, Cooley LLP
Panelists:
- Arthur Hiller, M.S., President, Hiller Life Sciences Strategies
- Kevin Bitterman, Ph.D., Principal, Polaris Ventures
- Maureen Nugent Franco, Vice President and Global Brand
   Leader in the rare genetic division, Genzyme
- Steven Bernitz, General Partner, Extera Partners
To Register:
http://futuresinlifesciences2.eventbrite.com/
_____________________________________



Xconomy's VC65: Wednesday, April 06, 2011 @ 2:00 PM - Cambridge, United States

To celebrate the venture field and the outstanding entrepreneurs that VCs have funded and supported, Xconomy, in partnership with the National Venture Capital Association and the MIT Museum, is convening a conference marking the 65th anniversary of the industry. Held in concert with the NVCA’s annual meeting in Boston, VC65 will highlight stories and lessons learned from some of the country’s leading technology entrepreneurs and the venture capitalists who have backed them.

We hope you will join some 600 NVCA members (all active venture capitalists) in MIT’s Kresge Auditorium for this afternoon gathering and follow us to the MIT Museum for a reception in the recently opened MIT 150th Anniversary Exhibition, which features the 150 most important objects in the history of MIT, including artifacts from original venture-funded companies and pioneering venture capital firms themselves.

Register here: http://vc65.eventbrite.com/
_____________________________________

Buyouts New York 2011: April 26-27 - The Plaza, New York
Buyouts New York 2011 is one of the best investments you can make this year. Where else can you do a month's worth of networking in just two days? And if you register now, you'll be eligible for special early bird pricing, so why wait?

Josh Harris from Apollo Management and David Rubenstein from The Carlyle Group are just a couple of the big name speakers confirmed for this year's conference. See below for a list of other Keynote Speakers and Newsmakers. With 20 years' experience recruiting senior speakers to our conferences, you're always guaranteed to learn from the industry's movers and shakers.
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The Capital Network - Upcoming Events:

Mar. 8 - Business Basics
Business Basics: Common Pitfalls and How to Avoid Them
Mar. 16 - Expert Lunch
Transition from Seed to Venture Capital
Apr. 1 - Business Workshop
Hands-On Quickbooks for Entrepreneurs
Apr. 5 - Expert Lunch
Company Valuation Metrics and Analysis
Apr. 26 - Life Science Fast Track
Life Science Fast Track: Half-Day Boot Camp for VC & Angel Success
Jun. 7 - Venture Fast Track
Venture Fast Track: One Day Boot Camp for VC & Angel Success
Jun. 16 - Networking Event
Networking for Fundraising Success

For information on all TCN events, check http://thecapitalnetwork.org/programs.upcoming.php
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Masschallenge Upcoming Events: http://www.masschallenge.org/resources/events/calendar
_____________________________________

Entretech Forums Upcoming Events:

March 15, 2011
Start-up Advisor Selection: How to Get Professional Assistance When You Can't Afford It
April 19, 2011
Raising Money I: Angels or VCs: Who’s Driving the Regional Start-up Capital Market?
May 17, 2011
Raising Money II: Sourcing Government Funds in a New Era of Fiscal Austerity
June 21, 2011
Tech Transfer: Finding and Extracting the Next Billion-Dollar Opportunity from Our Universities

For more check http://www.entretechforum.org/2_calendar.htm

January 18, 2011  Communications Intersections of smart-phone/netbook/laptop/desktop web services
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MIT Enterprise Forum Events: http://www.mitforumcambridge.org/category/events/upcoming/


Opportunities

VC

The Angel Capital Association (ACA)’s Silvertip Awards

The Angel Capital Association (ACA)’s Silvertip Awards recognize North America’s most promising angel-backed companies.  Through an innovative design that brings angel & strategic investors, entrepreneurs, andMBA students together in a collaborative environment.  The collaboration facilitates exciting new connections to form between participants while simultaneously revealing which companies are most deserving of recognition.

You get to match your expertise against the world’s top angel investors and corporate acquirers.  Do you think you have the insight to pick the winning entry?  Here is your chance to showcase all you have learned in your MBA program.  While doing so, you get to interact directly with startups, select angel investors, and corporate acquirers.

All students receive an invitation to an in-person networking event  (4/4) where they can meet key players in the competition.  A handful of students will also win VIP Badges, granting high-level access to competition finalists, sponsors, a free ticket to participate in the 2011 ACA Summit (4/4-6), public recognition at the summit, and a ticket into the VIP awards reception.

Your task is to begin your own due diligence exploration of a handful of the most interesting (to you) contestants.  You will be posed with three core questions for each company and asked to generate your best initial predictions.  No sooner will you post your initial answers then you will see your peers debate the relative merits of their own answers and research.  Students won’t be alone.  The company’s management team and angel investors will be invited to participate.

Learn more here: https://docs.google.com/document/pub?id=1iNj-SlGbkmPCRR9mRw35rCIJ4Q_SJsXukHGD-PlyaCo
and here: The Student Experience


Entrepreneurs

Betaspring Incubator - Deadline March 18th


Are you an entrepreneur looking to join an incubator with a big focus on mentorship this summer? According to an updated website, Betaspring, the Rhode Island based startup incubator is now open to application submissions. The incubator provides tech and design entrepreneurs with a 12 week mentor program, in return for their giving up 6-10% of their company common stock.

Betaspring pitches taking teams with new technologies from concept to a fundable company in just 12 weeks. Just what sort of mentorship can you expect? Check out their mentor profiles, featuring 40 entrepreneurs, VCs, and tech and design moguls. As for past Betaspring companies to reach out to and learn more about their experience, check out the fourteen companies listed on the Betaspring website. The list includes DiJiPOP, a company which locked down $1 million in funding this December.

Summer@Highland - Deadline Thursday, April 7, 2011

In its fourth year, Summer@Highland is an entrepreneurship program designed to provide founders and teams with the environment and resources for advancing their startup initiative/company to the next level. Highland receives no equity stake in exchange for participating in the core program and teams are under no obligation to Highland after the summer.

Selected teams will receive a financial stipend and complimentary work space in either our Highland Entrepreneur Center in Lexington, Massachusetts or California (planning for location in SoMa neighborhood of San Francisco). The teams will have access to Highland investment professionals, mentors from our founder & CEO community along with further resources for injecting real-world advice, insight and perspectives into the entrepreneurial and company-building process. We are looking to host 4-6 teams in each location.

Apply here: www.hcp.com/summer

If you know of an opportunity not listed here, please let us know!

Links, Articles and Resources


http://www.techcrunch.com/
http://www.venturebeat.com/
http://www.bostinnovation.com/
http://blogs.wsj.com/venturecapital/
http://www.vcaonline.com/news/
http://www.pehub.com/
http://www.xconomy.com/
http://www.thedeal.com/
http://www.avc.com/
http://www.venturehacks.com/ 
http://www.propelcareers.com/blog/ *New* Focuses on healthcare in the Boston area.

Mar 1, 2011