RCOEM TECHNOLOGY BUSINESS INCUBATORS FOUNDATION

A Section 8 Company for Fostering Innovation and Entrepreneurship

Mentors

Mentoring

Mentoring is crucial for startups as it provides guidance, industry insights, and a network of contacts that can help navigate challenges and accelerate growth. Mentors offer valuable experience and perspective, aiding in strategic decision-making and enhancing overall entrepreneurial success.

Mentoring Process

• When a start-up is admitted, RCOEM TBI would recommend a mentor from its list and introduce him/her to the startup.
• The founders are either free to choose from the said list or are free to have their own mentor albeit with the concurrence of RCOEM TBI.
• The startup and mentor will initially engage with each other to understand the role and contribution that the mentor can make to the startup.
• If the arrangement works out positively for both, the association needs to be formalized with a suitable consideration model to ensure the continued involvement of the mentor.