Brandishing their inner entrepreneur, the 25-member EMBA Cohort 15 has collectively formed an LLC, aptly named C15. A business consulting and venture capital firm, C15 is currently providing cost-effective small business consulting services for companies throughout Southern Nevada. Plans call for C15 to offer early-stage venture capital investment by the end of 2017.
“Cohort 15 is taking teamwork and collaboration to new heights,” said Nikkole Liesse, director, UNLV Executive MBA Program. “It’s become almost commonplace for our EMBA students to launch new businesses, but never-before has an entire cohort joined forces to create a company that has the potential to benefit the entire Las Vegas business community.”
C15 is changing the way business consulting services are delivered by harnessing cohort members’ diverse business expertise, which ranges from corporate governance and finance to natural resources investment, business development, sales, and more. “We are experienced industry professionals who bring specialized knowledge to small business owners or managers who may not have the depth of experience, education or insight that we as a group can provide,” said C15’s interim elected president Scott Petsel, whose current fulltime position is vice president of exploration for Metallic Minerals Corp.
Although C15 is still working through internal intricacies, including organizational structure, “We’re confident that our combined experience and consultancy-approach can help small businesses to succeed,” said C15 board member Aurora Herskowitz, former business banking specialist for Chase and US Bank who currently serves as Mergers & Acquisitions business development manager for CAPNA.
“The strength of our organization is our collective ability to work together and provide multiple viewpoints before finding consensus. This appeals to small businesses looking to tap a larger collective experience for solutions,” added Petsel.
As the cohort progresses through the 18-month UNLV EMBA program, C15 will expand its service offering. “We’re looking to initially advance specific business opportunities that are generated from within the cohort for this venture capital organization,” said Sarath Sivadasan, who works with Scientific Games as an engineering manager developing features for the company’s gaming platforms. “By the end of 2017 we will be positioned to evaluate small business investment proposals generated from the business community at-large, and we strongly encourage business plan submissions from UNLV EMBA alumni, but will consider all investments based on potential economic return.”
According to C15 board members, the involvement of the group in portfolio companies will vary from deal to deal. “Our portfolio companies will have access to the group for general advice and direct involvement by individual members where we can make a difference to a portfolio investment,” said Petsel.
C15 is not affiliated with the University of Nevada Las Vegas. For more information contact Scott Petsel at 702-751-9215 (702-751-9C15).