TIGER ENTREPRENEURS ENGAGEMENT & IMPACTT - Princeton Entrepreneurship Council

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TIGER ENTREPRENEURS ENGAGEMENT & IMPACTT - Princeton Entrepreneurship Council
TIGER
   ENTREPRENEURS
    A Supplement to Princeton Alumni Weekly   Vol. 3. No. 1

                              ENGAGEMENT
                                & IMPACTT

ENTREPRENEURSHIP THE PRINCETON WAY
TIGER ENTREPRENEURS ENGAGEMENT & IMPACTT - Princeton Entrepreneurship Council
A ripple effect of entrepreneurial connections
Mission                                         and support is starting to becoming evident

Our mission is to engage the
                                                throughout the Princeton community and
                                                in central New Jersey. The Princeton                                                                       PROGRAMMING
Princeton entrepreneurial
                                                Entrepreneurship Council has focused on
                                                growing programming and connections that                                                                   UPDATES
ecosystem through                               bring value to alumni, faculty and students in                                                             Our signature programs are rippling
educational programming,                        the entrepreneurial world.                                                                                 outward and including more campus
mentoring and funding in                                                                                                                                   partners and external organizations,
                                                In 2018, our signature program, TigerTalks in                                                              and engaging more alumni.
collaborative spaces.
                                                the City, brought together over 1,000 alumni in
Along with our many                             New York and another 600+ in other cities, to

                                                                                                                                                    TIGER
                                                talk about entrepreneurial industries and to
partners, we are creating                       network with other entrepreneurially-minded
Entrepreneurship the                            alumni. The Alumni Entrepreneurs Fund grew
Princeton Way.                                  to 30 companies, and added well-received
                                                programming to help support these very early
                                                                                                                                                     IN THE CITY | ON THE ROAD
                                                career alumni. Our OfficeHours mentoring                                                            PEC and our partners brought Princeton
                                                program connected alumni more than 170              AEF invested in 5 new companies in 2018:        faculty and alumni together in New York
                                                times, with the goal of offering valuable advice                                                    City for four great evenings of panel
                                                to founders. And with a tiny bit of support from                                                    discussions in 2018. Topics included:
                                                PEC, the Princeton Alumni Angels were launch-                                                           Bitcoin & Blockchain
                                                ed by alumni in Northern California and in NYC,
Contents
                                                                                                                                                        Arts Entrepreneurship
                                                and have actively started to fund Princeton                                                             1000 Books to Read
                                                alumni-founded startups.                                                                                Self-Driving Vehicles

                                                Princeton Innovation Center BioLabs, which                                                          TigerTalks also went On The Road in 2018:
PEC Mission		            2
Welcome Letter           2                      opened its doors to new tenants in May, had 14                                                         Bay Area: Bitcoin & Blockchain
PEC Updates		            3                      tenant companies move in, and has already                                                              Bay Area: AI and Computer Vision
                                                seen two companies graduate. There were 15                                                             Los Angeles: Entrepreneurship & Leadership
Entrepreneurship the
                                                ecosystem-building events held at the Center                                                           Chicago: Venturing Tigers
Princeton Way		         4-5
                                                during the year, and a variety of new program-                         Reebeez
Princeton Innovation
                                                ming on topics such as funding, hiring, M&A,                                                                Stay connected for 2019 dates:
Center BioLabs           6
                                                and 'How-To' sessions promises to increase
Princeton Spark          7
                                                vibrancy of the Center in 2019.                                                                         entrepreneurs.princeton.edu/tigertalks
Ecosystem Project        7                                                                          AEF also held a Showcase for portfolio
Reunions 2019            7                                                                          companies in the Bay Area, co-hosted by

                                                                                                                                                    OFFICEHOURS
                                                We welcome you to join us! Let us know about
Tiger Entrepreneurs                                                                                 the Princeton Club of Northern California
                                                your startup, your investment goals, your skills,
Conference 2019      Back Cover                                                                     and Princeton Alumni Angels, and a
                                                and your interest in being part of our Princeton
                                                                                                    Founders Summit with two days of
                                                Entrepreneurial Ecosystem Map. We look                                                              Lewis Center for the Arts and the Keller Center
                                                                                                    workshops and networking for AEF
                                                forward to seeing you at our second Tiger                                                           added mentors to the OfficeHours platform in
Princeton Entrepreneurship Council programs                                                         portfolio company founders with
                                                Entrepreneurs Conference in April, at                                                               2018, soon to be joined by mentors from
set in orange bold type.                                                                            prominent alumni and industry experts.
                                                Reunions, or at one of our other events. And we                                                     Princeton Alumni Angels this year.
Princeton Alumni Entrepreneurs Fund portfolio   look forward to hearing more about what you
                                                                                                    With the help of AEF investment of $2.2            Total Mentors: 18
companies set in orange italics.                are doing, and about how we can collaborate.
                                                                                                    million, AEF companies have raised over            Bookings: 118
                                                                                                    $48 million in capital to date.                    Followup Appointments: 52

Tiger Entrepreneurs Magazine is produced                                                                          Learn more:                                         Learn more:
by the Princeton Entrepreneurship Council.      Anne-Marie Maman '84
Vol. 3, No. 1.                                  Executive Director                                      entrepreneurs.princeton.edu/aef                entrepreneurs.princeton.edu/officehours
                                                amaman@princeton.edu
Cover illustration, design and photography                                                                          Contact:                                            Contact:
(except where noted) by Wright Señeres.
                                                                                                                Lauren Bender                                       Don Seitz '79
Copyright © 2019 by The Trustees of                                                                         labender@princeton.edu                              donseitz@princeton.edu
Princeton University
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TIGER ENTREPRENEURS ENGAGEMENT & IMPACTT - Princeton Entrepreneurship Council
ENTREP RENEURSHIP
                                                                                               THE PRINCETON WAY
                                                                                                                 Ripple Effects on Campus and Beyond
                                                                                                                                      She Roars: Engaging and connecting
                                                                                                                                             Princeton's alumnae
                                             Photo courtesy of Catherine McVay Hughes
Partnering with UNESCO and working                                                                                                Entrepreneurship was a major programming theme

                                         D
with several Princeton alumni, PCA                                                                                                throughout the wildly successful return of the She
                                                uring a late 2017 TigerTalks in the City event devoted
has developed analytic tools at the                                                                                               Roars conference in 2018, celebrating the impact
intersection of water, food and energy          to water sustainability on campus and worldwide,
                                                                                                                                  Princeton women have had on the University and
that make a difference to people on             Professor Eric Wood laid out a major problem: by
the ground in Africa.                                                                                                             their communities. From left, Lynn Loo *01,
                                         current estimates, nearly two billion people worldwide do not
                                                                                                                                  Director of the Andlinger Center for Energy and
                                         have access to safe, clean water. In ten years, this number will
                                                                                                                                  the Environment, Lynda Clarizio '82, PEC Alumni
                                         include half the population of the world.
                                                                                                                                  Advisory Board member and Joy Marcus '83,
                                                                                                                                  AEF Feedback Panel member and Keller Center
                                         After building momentum through discussions following the
                                                                                                                                  lecturer, at their Entrepreneurship the Princeton
                                         TigerTalks event and connections enabled by PEC, the
                                                                                                                                  Way panel discussion.
                                         University’s Office of Technology Licensing, alumni advisors

Engagement                               and supporters, Professor Wood knew the time was right to
                                         spin out his technology from Princeton to solve problems
                                                                                                                                      Princeton-Harvard Business School
                                         impacting global markets and people in need. Founded by
and Impact:                              Wood, Princeton executive-in-residence Joe Studholme
                                         ’84 and former faculty member Justin Sheffield, Princeton
                                                                                                                                              Startup Showcase
                                                                                                                                  Matt Handel '87 of audience choice ExpressCells
The Ripple                               Climate Analytics, Inc. opened up shop on Nassau Street
                                         across from Firestone Library. PCA is hard at work bringing
                                                                                                                                  (left) and Avthar Sewrathan '18 of Afari (right) led
                                                                                                                                  a group of Princeton-connected startups at the
                                         precise, research-based solutions for water sustainability and
Effects of PEC                           climate change to market.
                                                                                                                                  annual Princeton-HBS showcase and networking
                                                                                                                                  collaboration by Princeton Entrepreneurs'
                                                                                                                                  Network, Princeton Alumni Angels and HBS
Programming                              The company’s backbone is decades of pioneering work by
                                         Professor Wood’s research group in the field of global hydro-
                                                                                                                                  Angels of Greater New York.

Princeton Entrepreneurship               climatology applied to both the global public interest sphere
                                         and the commercial sector. PCA’s mission is to leverage                                         Tiger Entrepreneur Awards:
Council's efforts to promote
Entrepreneurship the Princeton           powerful climate data tools for underserved communities                                           Celebrating the value of
Way, initiating transformation           across the globe, and to develop the most well-rounded                                        entrepreneurship and innovation
through risk-taking actions,             scientific products to address market sectors that rely on                                    across the Princeton community
are having ripple effects                climate models in their decision-making. The global climate
throughout the campus                    crisis presents unprecedented challenges that allow their                                Congratulations to 2018 winners Vaidhy Murti '15
community and beyond.                    unique skills and knowledge to have global impact in                                     (left), co-founder of video contest app Wit and
                                         sustainability. PCA is also bringing a commercial product to                             social networking app Friendsy, and Nick
                                         market in early 2019 in collaboration with the World Bank, the                           Ouzounov *15 (center) and Alex Lorestani *17
                                         InterAmerican Development Bank, the EU/Copernicus Project                                (right) of biomaterials startup Geltor, Inc., seen
                                         and the UN Environmental Programme Finance Initiative.                                   here at the annual Celebrate Princeton Innovation
                                                                                                                                  reception, hosted by the Office of the Dean for
                                                                                  - Catherine McVay Hughes '82                    Research.

                                                     4                                                                            5
TIGER ENTREPRENEURS ENGAGEMENT & IMPACTT - Princeton Entrepreneurship Council
Princeton
                                                                                                                                            Coming in                   2 19                         Entrepreneurship
                                                                                                                                                                                                     Council
                                                                                                                                                                                                     Princeton Entrepreneurial Hub

                                                                                                                                                           P
                                                                                                                                                                                                     34 Chambers Street
                                                                                                                                                                                                     Princeton, New Jersey 08542

                                                                                                                                                           PRINCETON                                 For general inquiries:
                                                                                                                                                           SPARK                                     pecinfo@princeton.edu
                                                                                                                                                           PODCAST
                                                                                                                                                                                                     (609) 258-8565
                                                                                                                                      Introducing the Princeton Spark podcast, a show about
                                                                                                                                       the Princeton University entrepreneurship ecosystem,
                                                                                                                                        produced by PEC. Launching spring semester 2019.

                                                                                                                                                         Subscribe and listen:                       People of PEC
                                                                                                                                                         princetonspark.com
                                                                                                                                                                                                     Anne-Marie Maman '84
                                                                                                                                                                                                     Executive Director
PEC Executive Director Anne-Marie Maman '84 (left), Gov. Phil Murphy (center), Debbie Hart,                                                                                                          Don Seitz '79
President/CEO of BioNJ (right) and President Christopher L. Eisgruber '83 (far right)                                                                                                                Assistant Director,
                                                                                                                                                                                                     Alumni Engagement
                                                                                                                                                      PRINCETON
  Ripple Effects throughout the                                                                                                                       ENTREPRENEURIAL
                                                                                                                                                      ECOSYSTEM PROJECT
                                                                                                                                                                                                     Lauren Bender
                                                                                                                                                                                                     Program Manager,
                                                                                                                                                                                                     Alumni Entrepreneurs Fund
    Central Jersey Ecosystem                                                                                                         As the number of entrepreneurially-minded alumni seeking
                                                                                                                                                                                                     Diane DeLorenzo
                                                                                                                                                                                                     Event Coordinator

E
                                                                                                                                    to connect with each other increases, another PEC initiative
     ngagement and impact continue to ripple throughout                                                                            is to capture the skills, interests and ways each alumnus – no    Wright Señeres
     Princeton Innovation Center BioLabs, the 31,000 SF                                                                                                                                              Social Media & Marketing
                                                                                                                                      matter how they fit – wants to engage with others across       Specialist
     co-working space at the Princeton Forrestal Center,                                                                                       Princeton’s entrepreneurial ecosystem.
which opened in early 2018. A total of 14 local life sciences                                                                                                                                        Neal Bituin
and tech startups, including two Princeton spinouts, have                                                                                                                                            Departmental Computing
                                                                                                                                   Stay tuned and connected as PEC staff and students design,
moved into space at the University's new incubator.                                                                                build, populate, and pilot this map of Princeton entrepreneurs.   Shamay Agaron '19
                                                                                                                                                                                                     Peter Chen '19
The facility hosted a major press conference in July (pictured                                                                                               Get updates:                            Zoë Sudduth '19
above) by Gov. Phil Murphy, who announced two significant                                                                                                                                            James Johnson '21
                                                                                                                                              entrepreneurs.princeton.edu/ecosystem                  Ahmed Farah '22
statewide innovation initiatives. In November, Princeton                                               Photo courtesy of Carisma                                                                     Rhea Park '22
Innovation Center BioLabs won the "Innovator of the Year"                    Dora Mitchell *08, Vice President of                                                                                    Jenny Wang '22
award from the Princeton Regional Chamber of Commerce.                       Operations, Carisma Therapeutics                                                                                        Interns

                                                                                  Learn more about PICb:
                                                                                                                                               REUNIONS 2019
                                                                                                                                               Join us on Friday May 31st for several
                                                                                    princetonbiolabs.com                                     alumni entrepreneurial panels and keynote
                                                                                                                                                  speakers during Reunions 2019.
                                                                                              Contact:
                                                                                   Anne-Marie Maman '84                                                    Stay connected:
                               Geoff Yang '81, prominent tech                      amaman@princeton.edu
                               investor and Chair of the PEC Alumni
                                                                                                                                                                                                       
                               Advisory Board, at PICb before his                                                                                       alumni.princeton.edu
                                                                                   Nishta Rao, Site Director
                               December talk on trends in tech
                                                                                      nishta@biolabs.io                                                                                              entrepreneurs.princeton.edu
                               investing
                                                            6
TIGER ENTREPRENEURS ENGAGEMENT & IMPACTT - Princeton Entrepreneurship Council
TIGERENTREPRENEURS
CONFERENCE
       BAY AREA 2019

Join us on April 11, 12 & 13
     Sunnyvale & San Francisco
 • Hear from Princeton faculty, alumni panelists and keynote speakers •
      • Engage with some of Princeton's most exciting startups •
                    • Network with fellow alumni •

entrepreneurs.princeton.edu/conference
TIGER ENTREPRENEURS ENGAGEMENT & IMPACTT - Princeton Entrepreneurship Council TIGER ENTREPRENEURS ENGAGEMENT & IMPACTT - Princeton Entrepreneurship Council TIGER ENTREPRENEURS ENGAGEMENT & IMPACTT - Princeton Entrepreneurship Council TIGER ENTREPRENEURS ENGAGEMENT & IMPACTT - Princeton Entrepreneurship Council TIGER ENTREPRENEURS ENGAGEMENT & IMPACTT - Princeton Entrepreneurship Council
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