THE MENTORING PROCESS
2021 Finalists Mentoring/Coaching Period: 15 Weeks
Monday, June 14 - Monday, September 27
The Mentoring and Coaching program is the one of the most important benefits provided to those Innovators that make it to the Final stage of the competition. It is a 15-week immersive experience during which experienced Mentors are paired up with the Finalists and help them develop and master perspectives and soft business skills that will help them set themselves apart, and grow.
In addition to the Mentor-Matching program, Educational Classes/Modules are added to each year's competition, that offer insight into different aspects of running a successful business (Funding Alternatives, Intellectual Property considerations, Tax & R&D, Successful Marketing and Sales Practices). The modules are presented by highly qualified field experts, willing to share their expertise, and help startups owners and managers in their entrepreneurship journey.
Our Mentors are experienced and passionate business leaders that selflessly make time off their busy schedules to provide support and counseling to all Finalists. They generously share their management and leadership know-how, communication cognizance and message delivery empiricism, to help Finalists convey a strong Innovation Message during the Final Stage of the competition (Innovation Showcase on 10/6/2021) and well beyond. They establish a relationship of mutual trust and respect with the Innovators, and many times they are asked to offer their opinions on general matters of importance to their Mentees, well beyond the scope of the Innovation Competition.
Depending on their own availability and work schedule, Mentors may change from year to year. As they become confirmed, for 2021, their names and short will be posted on this website, Under the "People" page ("Mentors" sub-page.)
Mentors and members of the New England Innovation Team get together immediately after the Finalists are announced, to discuss how to best match each Finalist with their respective Mentor. Oftentimes, Mentors ask to be matched with Innovators from a particular industry, so they can best leverage their own knowledge and experience during the Mentoring period; their requests are very seriously considered.
The Mentorship Program is entirely Optional but Strongly Recommended part of the New England Innovation Competition; it can be considered as an added benefit to the Finalists (as it provides them with complimentary consulting services that tend to be rather pricey). The Mentors know exactly what the Judges are looking for in the finals, and can help participants tailor-make their message to the specific audience. Furthermore, the Mentors can be sources of wisdom and assistance not only for the competition duration, but well after its completion, during the startup's journey to growth and scaling.
The frequency of meetings/phone discussions between Mentors and Mentees can fluctuate depending on the needs and work schedules of the parties involved.