The Smith Family Business Initiative is dedicated to supporting and strengthening the network of owners, leaders, and alumni that work in, with or for a family business.

Founded in 2014 from a generous gift from John and Dyan Smith, the Smith Family Business Initiative provides education, networking, and new knowledge for family business owners, successors, and students from across the globe.


Smith Family Business Initiative 2025 Annual Report

Celebration dinner menu

Explore the 10th anniversary year of the Smith Family Business Initiative, capturing our efforts through Outreach, Inreach and Research.

Annual Report


Outreach

Our ability to grow the global network of family business students, alumni, and business owners.

Explore our Outreach

Inreach

Our ability to connect and educate our students.

Smith Family Business Students

Research

Our ability to create and disseminate new knowledge in the family business space.

Our Faculty Research

Connect. Learn. Engage.

eCornell Family Business Leadership Certificate Program

This instructor-led Cornell Certificate Program will provide professionals with the skills to navigate the complexities of family business. Created by both practitioners and academics, this program will equip professionals with new tools and strategies to lead a thriving family business. You will receive the Family Business Leadership Certificate from Cornell University’s SC Johnson College of Business and 40 Professional Development Hours (4 CEUs).

Learn more

Cornell Family Business Mentorscape

The SFBI has created a mentors’ platform with the goal of connecting our Cornell students and recent alumni with the vast expertise within the SFBI network. This is an outgrowth of our popular Sam Seltzer ’48 Mentors Forum and provides year-round access to our slate of mentors.

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Peer Leadership Forums

The Cornell Peer Leadership Forums combine the expertise of our Cornell Family Business Fellows, access to Cornell faculty, and our extensive Smith Family Business Initiative global network. Forums will be carefully curated and formed. Each forum will be unique to its constituent members, and areas of growth and exploration will be driven by the members.

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Upcoming Events

Wednesday, October 8, 2025
Grab a cup of coffee and join Hotel School alumni Kevin Leichter and Kim Hehir for an inside look at...
9:00am - 10:00am EDT -04:00
189 Statler Hall, Ithaca, New 14853-6201, United States
October 15 - October 31, 2025
The Cornell Case Competition for Family Ownership, to be held Feb. 13-14, 2026 at the Cornell Tech Campus in NYC,...
Online Event
Tuesday, November 4, 2025
Join us to explore how family offices fit into the world of private wealth management. Learn about the benefits of...
4:00pm - 6:00pm EST -05:00
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February 13 - February 14, 2026
Take the collaborative elements of a hack-a-thon, combine the analytical elements of a case competition, and include the top MBA...
Verizon Center, Cornell Tech Campus
Friday, March 6, 2026
MARK YOUR CALENDARS The Sam Seltzer ’48 Mentors Forum comprises a vast network that serves to connect current Cornell students...
8:00am - 3:00pm EST -05:00
570 Lexington Ave, New York, NY

Featured News and Stories

Two men, one holding a large white duck, smile.
August 5, 2025

Diverse Expertise Drives Vertical Integration at Family Business

Innovation at Joe Jurgielewicz & Son—one of the largest duck farms in America—stems from an unusual combination of hospitality and veterinary skills.

Chris Lasa and his stepmother’s family in their annual family photo
July 31, 2025

How One Student is Redefining His Role in His Family’s Businesses

The Smith Family Business Initiative has helped a dual-degree student discern the best ways he can contribute to his family businesses.

Olivia Johnson poses on the roof of Castel Sant'Elmo in Naples, Italy.
May 27, 2025

A Journey Through Italy: Lessons and Landscapes

MBA student Olivia Johnson shares her experience in and insights from the 2025 Family Businesses in Italy Trek.


Family Business: By the Numbers

  • 5.5 million family businesses in the U.S.
  • 24% family businesses that are led by a female CEO or President.
  • 24 years average life span of a family-owned business.
  • 77% new business ventures established in the U.S. founded with significant involvement of the family.

Further Readings

Take a look at news, recaps, and highlights on our Family Business Blog.