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.


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).

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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

March 28 - April 4, 2026
During spring break 2026 (March 28– April 4), the Smith Family Business will be leading a student trek to Italy...
Italy

Featured News and Stories

Mentees and mentors meet for 1:1 conversations on family business issues.
March 18, 2026

From ideas to insight: Lessons from Cornell’s Sam Seltzer ’48 Mentors Forum

Luca Mosena MBA ’27 shares how mentor conversations are shaping his goals in business and family enterprise

Team SKEMA and coach Ambra Mazzelli huddle in a classroom to prepare for their team’s case competition presentation.
March 11, 2026

From Paris to Cornell: Road to finals at Family Business Case Competition

SKEMA participates in the Cornell Family Business Case Competition for the first time, placing third

Raising a vessel off the seabed and onto a barge for transport.
January 26, 2026

At the helm: Johnson grad navigates a new era for Resolve Marine

Blending family legacy, innovation, and Cornell talent, Joseph Farrell III, MBA ’16, is tackling global maritime crises.


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.