Alumni Entrepreneurs Fund

IMAGE: Alumni Entrepreneurs Fund (AEF) Logo

The Princeton Alumni Entrepreneurs Fund (AEF) strives to build and maintain a dynamic community of young alumni entrepreneurs who are supported by a network of more experienced alumni. To do this, the Alumni Entrepreneurs Fund leverages Princeton's strong alumni network to deliver meaningful support to early career founders via mentorship, access to capital, education and curated networking. 

We are currently accepting applications for the Spring 2019 round. Click for program details, eligibility criteria and to apply

Application deadline is June 16, 2019 at 11:59pm ET. 

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Eligibility Criteria

Founder must have graduated from Princeton University (any degree) within the last five (5) years*

The venture must have raised a minimum of $100,000 in competitive non-familial funding:

  • Venture funding
  • Competitive grants 

Founder is a high-performing entrepreneur who is working full-time on their venture.

Business or social venture is highly scalable:

  • Social ventures must have a viable plan to be self-sustaining, without reliance on grants and donations

Founder must have graduated in good standing with Princeton University.

* AEF may make exceptions to the 5-year cut-off to account for active duty military service or similar situations - maximum of ten (10) years out of Princeton. 


 

Program Details

Mentorship

AEF leverages Princeton’s extraordinary alumni network to provide meaningful curated mentorship to early-career founders. This mentorship is designed to help founders as they scale their businesses. Each participating alumni founder will receive dedicated mentorship over a 4 to 6 month period after being selected for the Alumni Entrepreneurs Fund.

Mentorship will be tailored to each founder and company and will include 1:1 time with leading funders to help you create/hone and execute a funding plan, and 1:1 time with industry and functional experts to help you as you build your business. The AEF Mentors are committed to making a meaningful contribution to your success. 

Meet some of our Past Mentors and Speakers

Access to Capital

The Alumni Entrepreneurs Fund will arrange a funding event for each cohort of companies. The format (demo day, showcase, roadshow, pitch session, etc.) may vary based on the makeup of each cohort, but all AEF member companies will have curated introductions to funders.

Education and Curated Networking

Educational content for the AEF founders is the focus of our AEF Founders Summit. The Summit is held annually in either New York City or San Francisco and includes a variety of educational content from alumni founders and funders and entrepreneurship professors. In addition to the education, the Summit offers community building, curated networking and introductions to funders. View agenda from the 2018 AEF Founders Summit. 

In addition to the Founders Summit, AEF founders are invited to attend other educational programming events in person or online. 

Community

You will join a strong community of fellow AEF founders as well as a dynamic and talented group of other alumni founders, funders and friends who come together to support you during the trials and triumphs of being a founder. The community is invested in your personal success as well as the success of your company, and the relationships that you build will remain with you on your professional journey. 

The 30 companies currently in the AEF portfolio have raised over $60,000,000 in funding. 


 

2019 Application Process

STEP 1: Fill out the application form before June 16, 2019 at 11:59pm ET. This includes:

  • A one-page summary
  • A business plan/pitch deck 
  • A short (1-3 minute) pitch video

Please refer to the AEF Application Guidelines to help in your preparation of the application materials.

STEP 2: One-on-one interview with the AEF Program Manager.

STEP 3: 15-minute video interview with the Selection Committee.

STEP 4: If chosen as a finalist, you will be required to provide due diligence by June 26, 2019 at 11:59pm ET. 

Final selections for the AEF Spring/Summer 2019 Cohort will be announced by email on or before July 1, 2019. 

APPLY


 

Meet our Past Mentors and Speakers

Jack Altman '11, Co-Founder/CEO, Lattice

Jack is a Co-founder and CEO of Lattice, a people management software for growing companies, which has been funded over 24 million dollars to develop engaged, high-performing teams. Prior to starting Lattice, he was the VP of Business and Corporate Development at Teespring, and an angel investor in companies such as Opendoor and Pinterest.

LinkedIn

Brian Ascher '89, Partner, Venrock

Brian is a partner at Venrock, a venture capital and private equity company focused primarily on healthcare and technology. He invests broadly across Enterprise and FinTech and currently serves on the Board of Directors of several companies such as 6Sense and Inrix.

LinkedIn

Nikhil Basu Trivedi '11, Managing Director, Shasta Ventures

Nikhil is the managing director at Shasta Ventures, an early stage investor in enterprise, consumer, and emerging platform companies. He was a member of the Forbes 30 under 30 list in 2015 for Venture Capital and serves on the board of four companies in the San Francisco and New York area.

LinkedIn

Louis Beryl '03, Founder, Earnest Inc.

Louis is the founder of Earnest Inc. as well as SolidEnergy Systems, which is the world leader in Li-Metal technology. He believes we can fix the financial system by starting over with elegant software, smarter data, better design and focusing on the purpose of enabling people to realize their hopes and dreams.

LinkedIn

Peter Briger '86, Principal/Co-Chairman, Fortress

Peter is the principal and Co-Chairman of the board of directors of Fortress, a leading global investment management firm, which caters to both private and institutional investors and oversees assets in excess of $40 billion. He was previously a partner at Goldman Sachs, and also established the pilot funding program to assist recent Princeton University alumni entrepreneurs and their startup companies.

LinkedIn

Scott Britton '10, Co-Founder, Troops

Scott is the Co-founder of Troops.ai, a company building intelligent software to help millions of people automate key workflows, eliminate busy work, and deliver insights to make work easier. He was a member of Forbes 30 under list in 2017 for Enterprise Technology.

LinkedIn

Dennis Brownlee '74, Partner, Connective Advisors

Dennis is a Partner at Connective Advisors, which consults in media and business development. He has had an extensive career in media, entertainment and technology, and is an Emmy Award winning executive producer of the documentary “On Hallowed Ground: The Streetball Champions of Rucker Park.”

LinkedIn

Andrew Collins '10, CEO/Co-Founder, Bungalow

Andrew is the CEO and Co-founder of Bungalow, which is rethinking the residential real estate market by providing renters with a more convenient, flexible, and communal living solution by creating a market between millennials who need a great home and baby boomers who own the existing housing supply. Previously, he worked at Medallia Inc. as a Customer Success Manager.

LinkedIn

John Danner, Faculty Member

John is a highly regarded speaker throughout the country as well as the co-author of two best selling books: Built for Growth: How Builder Personality Shapes Your Business, Your Team, and Your Ability to Win, and The Other ‘F’ Word: How Smart Leaders, Teams, and Entrepreneurs Put Failure to Work. He also advises Fortune 500 companies and startups in fields as diverse as healthcare, energy, finance, enterprise services, technology, and consumer products.

LinkedIn

Jean Drouin '94, Founder/CEO, Clarify Health Solutions

Jean is the founder and CEO of Clarify Health Solutions, which provides the breakthrough technology and analytics platform to personalize and optimize patient care journeys. He has experience working in over 15 countries across North America, Europe, Asia, Australia and Africa in healthcare management, strategy, operations, finance, and cultural change.

LinkedIn

Victoria Garcia '97, independent consultant

Currently, Victoria provides independent consulting and advisory for businesses across strategic development, brand/product building and operational steering for companies such as Thousand Fell, YesPlz Inc., and FitSkin Inc.

LinkedIn

Cindy Hess '85, Partner, Co-Head of Startup Practice, Fenwick & West LLP

Cindy is a Partner and Co-Head of Startup Practice at Fenwick & West LLP, which provides comprehensive legal services to ground-breaking technology and life sciences companies and the investors that partner with them. The Legal 500 has singled Cindy out as one of the “leading names in Silicon Valley.” and she was honored as one of the top 10 most trusted corporate counselors by The Recorder.

LinkedIn

Laurence Latimer *01, Head of Ventures, IEX Group

Laurence is the Head of Ventures at IEX Group, Inc., a technology company on a mission to build fairer markets in finance and beyond. Laurence has over 20 years of experience launching, growing and running businesses in technology, media, and telecommunications in the US, India, China, Brazil, Chile, Mexico, Nigeria, Ghana, and South Africa. He is also the Chair of Princeton's Graduate Alumni Annual Giving.

LinkedIn

Jasper Malcolmson, '91, Founder/CEO, Skylight

He is the founder and CEO of Skylight, which helps homeowners manage their renovation and construction projects to achieve their goals across cost, schedule and quality. Prior to Skylight, Jasper founded the local offers business Bloomspot that was sold to Chase in 2012, and previously he ran several business units at Yahoo!

LinkedIn

Amit Mukherjee '10, Partner, NEA

Amit is a Partner at New Enterprise Associates (NEA). With more than $20 billion in committed capital, they’ve helped build nearly 600 successful businesses, resulting in more than 220 IPOs and 370 acquisitions, across sectors, stages and geographies. He was named to the 2016 Forbes 30 Under 30 in Venture Capital, and also serves on the board for a variety of companies such as Casper and Aquabyte. Prior to NEA, he controlled over 45 billion dollars' worth of transactions for JP Morgan.

LinkedIn

Gordon Ritter '86, Founder/General Partner, Emergence Capital

Gordon is the Founder and General Partner at Emergence Capital, who has invested in companies collectively worth $100B+. He was named to the Forbes’ Midas List of the top venture capital investors in 2007, 2012 and 2014 as well as the New York Times/CB Insights List of Top Venture Capitalists. He also sits on the board of eight companies.

LinkedIn

Brad Rock '80, Partner, DLA Piper US LLP

Brad is a Partner at DLA Piper US LLP, a Global law firm located in more than 40 countries. He focuses his practice on M&A, venture and angel investing, public offerings, and public company reporting and governance. Brad serves as lead counsel for the Princeton Alumni Angels network, while also providing counsel to corporations across various industries.

LinkedIn

Jeff Samberg '88, Managing Director, Acadia Woods Partners

Jeff is the Managing Director at Acadia Woods Partners, LLC, a New York based investment partnership that focuses primarily on early stage technology companies. He also serves as director for various other tech companies such as Quisk and Rain Dance Technologies and had previously held a number of high-technology management roles.

LinkedIn

Ellen Siminoff '89, Board of Directors, Discovery Education

Ellen is on the Board of Directors at Discovery Education, Shmoop, Solarwinds and Zynga. In 2005, she was one of eight industry professionals named “Master of Information” by Forbes magazine. She was also one of the founding executives of Yahoo!

LinkedIn

William Watts '09, Operations Engineer, Block Renovation

Will is an operations engineer for Block Renovation, a renovation platform that combines architect-grade design, construction labor, fixtures and materials into affordable renovation packages. He previously worked at Tesla as the market lead for charging infrastructure where he managed a team that handled site selection, contract negotiation, site design, utility planning, as well as state and local policy coordination.

LinkedIn

Geoff Yang '81, Founding Partner/Managing Director, Redpoint Ventures

Geoff is the founding partner and managing director of Redpoint Ventures, which has backed over 465 companies with 140 IPOs and M+As, including 2U, HomeAway, Heroku, Netflix, and Android, and manages $4 billion across multiple funds. He is currently Chairman of the Alumni Advisory Board to Princeton Entrepreneurship Council. He also serves on the board of several other companies such AT&T, Franklin Templeton Investments, and Tastemade.

LinkedIn

 

Any questions? Please contact Lauren Bender, AEF Program Manager at labender [at] princeton.edu.


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