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Networking Entrepreneurs

FOR FURTHER INFORMATION: Helen K. Chang, 650-723-3358, Fax: 650-725-6750

November 2000

STANFORD GRADUATE SCHOOL OF BUSINESS — New at the School's Center for Entrepreneurial Studies (CES) are two services geared to help alumni who are starting new companies, financing growth, or facing the wide range of issues that come along with business enterprise.

The Entrepreneurship Resource Database is an online conduit to connect alumni (and students) seeking help with their businesses to mentors, investors, and service providers. Answering a few qualifying questions—such as, What kind of industry focus are you looking for?—connects the user to a list of people who have signed up as willing to help. Business School alums are the majority of those in the database, but anyone can recommend someone for inclusion. CES program development consultant Linda Wells also has personally contacted some of the San Francisco Bay Area's leading venture capital firms, which usually have a Stanford graduate or two among their employees.

The site, launched in April, had more than 1,000 log-ins as of late October, and Wells is starting to collect stories from users. One, Kitty Powell , MBA '93, vice president of Brand Fidelity, an online brand and name creation firm, found an investor through the database. "It was a wonderful tool to help us tap into," she says. And the Stanford connection "gave us instant credibility."

Wells also has initiated the Founders Forums, three groups of alumni entrepreneurs who get together for monthly discussions about the similar challenges they face in their businesses. "It helps develop a bond, relationship, and trust that is hard to find in other formats," Wells says. So far about 30 people are involved in the sessions held in San Francisco and Palo Alto, but Wells is seeking to expand them to other cities.

Center for Entrepreneurial Studies (CES)

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