VVM Mentorship Program

The VVM Mentorship Internal Site

Expectations

  • Entrepreneurs run their ventures, not us.  
  • VVM mentors the entrepreneur, not the venture. So if the startup needs to pivot to a new business model, that is OK. If the entrepreneur realizes that entrepreneurship is not the life for them and need to withdraw, that is OK. What is not OK is committing to the program and not doing the work needed to take advantage of the offered help.
  • Startups commit to:
    1. Present a 3 minute pitch at all of the Monthly Mentorship Meetings for their cohort. Arrive at 4:30pm. Plan to stay until at least 8pm. Child care is available for kids out of diapers.
    2. Meet with their facilitator(s) once a month outside of the monthly mentor meetings. It is recommended these meetings take place the 1st week of the month and center around a practice run of the pitch.
    3. Update your mentors (and facilitators!) monthly, no later than the Monday before the Monthly Mentorship Meeting.
    4. Complete and submit the monthly information form by noon on the day of the presentation each month. Startups are responsible for proofreading their own slides.  
    5. A final exit interview and survey at their graduation of the program.
    6. Participate in refresher Pitch Camp before Graduation.
    7. Report to VVM staff anytime a mentor wishes to engage in a commercial (non-volunteer) relationship. This is to maximize transparency and help protect the entrepreneur.
  • Mentors and facilitators are volunteers who kindly donate their time to offer advice and, where appropriate, make introductions. They are not members of the management team and therefore do not have execution responsibilities.  
  • Facilitators commit to:
    1. Facilitate breakout meeting conversations to maximize their effectiveness. Start each breakout reinforcing the challenge, getting intros (and contact info) from everyone there, letting the group know the facilitator's role. Their role is: to make sure everyone is heard and stays on topic. They also make sure that someone is taking notes. 
    2. Attend all of the monthly meetings for the startup or to line up a substitute if they cannot make a meeting.
    3. Provide an accountability partner by meeting with their entrepreneurs at least one time outside of the regular VVM meetings per month. This is to hold them accountable to their startup mentoring contract and/or to modify that contract because... life happens! Facilitators are making sure everything is on track to get maximum value out of the next VVM meeting.
    4. Help protect the entrepreneur by being cc'd on communications between the startup and mentors. In this way if a potential conflict of interest or question RE how best to grow a relationship comes up, the facilitator can easily know about it and bring it to VVM staff's attention. Note that the facilitators are volunteers so this is simply help, responsibility is in the hands of the entrepreneurs.
    5. Do No Harm and to report to VVM staff any conflicts of interest that may arise between themselves, mentors, and the startups.
  • Facilitators are not Chair(s) of a board of advisers.
  • Facilitators sometimes offer to meet with entrepreneurs more than the number of times required by the role.  When they do so it is a gift, appreciated as such by the entrepreneurs.
  • Facilitators & Entrepreneurs always have the option to "call for help". If you run into a situation and have a question, feel free to ask for help.  Both facilitators and entrepreneurs should reach out to Dorota Glosowitz
    Examples:
    • A mentor does some non-ideal behavior at a breakout - let us know so we can educate them. 
    • Startup REALLY needs a specific expert - let us know so we can try to help find someone.
    • Startup is stuck. Or maybe the Facilitator is.
    • You are in fear of burning out.
    • You have an idea to improve the program.