BRV’s dynamic team of MBA student fund managers provides an integrated, cross-functional skill set–from finance and accounting to science and engineering–to realize startups’ commercial potential and creative vision. BRV’s unique structure, which grants principal responsibilities to each fund manager, gives the team control over every aspect of the Fund.
Fund managers execute each step of the venture capital process:
- Sourcing investment opportunities
- Performing due diligence
- Making investment decisions
- Negotiating term sheets
- Guiding transaction through closing
- Managing all operations of the Fund
- Managing relationships with portfolio companies and investment partners
- Leveraging Cornell’s vast resources to add value to portfolio companies
Fund managers are guided by a prestigious advisory board of experienced professionals from venture capital, law, finance, and operations, as well as Johnson faculty advisors. The only entirely MBA student-run fund of its kind, BRV fund managers make all decisions, leveraging advisors for support and education.
BRV’s position on Cornell’s campus provides proprietary deal flow, allowing the fund to identify promising ventures and get involved at the seed stage. BRV fund managers often help entrepreneurs establish their first prototype, fund marketing plan development, and introduce key personnel to take the venture to the next stage of growth.
A cornerstone of the Johnson School experience, BRV exemplifies the School’s tradition of combining rigorous business training with hands-on practice. BRV managers are second-year MBA students already thoroughly versed in venture capital and entrepreneurship. As first-year students, they serve as BRV associates, conducting deal sourcing and due diligence for the Fund. Managers and associates also gain valuable experience through their immersions and directed studies, typically focused on entrepreneurship, venture capital and private equity. As a result, BRV portfolio companies gain a competitive advantage from talented students, and Johnson School MBAs graduate with an experience superior to that of peer business schools.
BRV draws upon the formidable resources of Cornell–an unrivaled institution with 13 colleges and schools and more than 100 research centers and programs that ranks 11th among U.S. universities in total R&D expenditures and 18th in federally financed R&D. The university’s not-for-profit Cornell Research Foundation evaluates and provides technology transfer for inventions stemming from Cornell research.
The Cornell community produces more than 200 patentable ideas each year–opportunities in a vast range of areas, including microfluidics, nanofabrication and advanced materials, environmental remediation, biomedical devices, veterinary medicine, pain treatment, agriculture, textiles, and gene therapy.
Our Value to Portfolio Companies
BRV provides more than just financial capital. A BRV investment puts the intellectual assets of one of the largest research institutions at the disposal of our portfolio companies. In addition, BRV has cultivated relationships with top-tier venture capital partners, helping our portfolio companies access the financial resources and relationships necessary to execute their business strategies and create winning companies. BRV views itself as a facilitator and enabler, purposefully structuring its investments with the needs of subsequent and follow-on investors in mind.
“BR Venture Fund has worked with SightSpeed since its inception and followed through with an investment. This organization is the best kind of investor because it acts to make things happen.”
–Brad Treat, ’02, CEO SightSpeed