ABOUT THE PROGRAM
Locally, we’ve handpicked a pool of skilled business experts from the community offering guidance to entrepreneurs that are starting up, scaling, or pivoting their business. Work closely with mentor groups of 2 to 3 professionals for practical coaching aimed at building resilient entrepreneurs. Whether you seek mentorship or are ready to mentor, this program is designed just for you.
In this program, mentors provide coaching rather than direct advice, fostering an environment where entrepreneurs can develop their problem-solving skills and gain valuable insights through guided discussions. This coaching approach emphasizes the mentees' growth and decision-making autonomy, contributing to the overall resilience of the entrepreneurs in our community. The mentorship groups meet on a monthly basis to ensure consistent support and guidance.
Our Mentorship Program is modelled after the renowned Venture Mentoring Services (VMS) program developed by the Massachusetts Institute of Technology (MIT). With a proven track record, MIT VMS has established over 100 sister programs worldwide, including three in Alberta. Aligning with MIT VMS principles, we ensure a globally recognized standard of mentorship excellence for entrepreneurs in our community.
Why Become a Mentee?
As a mentee in our program, you’ll receive:
Personalized guidance for business challenges
Continuous learning and skill enhancement
Help in validating your ideas
Diverse perspectives and experiences
Strategic network expansion
Enhanced communication and leadership skills
Motivation and accountability
Why Become a Mentor?
As a mentor in our program, you’ll be able to:
Share your expertise and make a meaningful impact in our entrepreneurial community
Contribute to the growth of the local businesses
Expand your professional network by connecting with other experienced mentors
Stay updated on trends and challenges
Enhance your leadership and coaching skills through experiential learning and professional development opportunities
Qualification Criteria for Becoming a Mentee:
Owner, founder, or controlling shareholder of the company, principally responsible for its operation. Co-founders are eligible, but each company must have one main point of contact
Business idea or concept already in place
Availability and willingness to participate in an interview, prepare a five-minute pitch (resources/guidance will be provided)
Attend mentee training
Must be based out of Fort McMurray Wood Buffalo
Qualification Criteria for Becoming a Mentor:
Demonstrate significant experience and expertise in relevant areas of business, enabling you to provide valuable insights and guidance
Enthusiastic about contributing to the growth of new entrepreneurs.
Be able to showcase your recognition and support from broader professional network and highlight achievements and credibility indicators
Committed to the team mentorship model, actively participating in collaborative efforts with a group of 3 to 4 professionals to support mentees.
Attend mentor training
Must be based out of Fort McMurray Wood Buffalo
The Venture Mentorship Program holds two intake periods each year, in the Spring and Fall.
Our next intake is scheduled for Fall 2024. While mentors and mentees are welcome to apply at any time, please be aware that the interviewing process will not commence until August 2024.