An Overview of the MCN Program for Mentors
Step 1: Indicating your preference — Optional
We can assign you companies from this cohort based on your background, or, you can let us know which companies you prefer. Unless you indicate otherwise, you will be sent two plans.
Step 2: Reviewing the plans — Expected
We will send you business plans and review forms on or before Monday, March 16th. Filling out these review forms are the only thing you have specifically committed to. If you have signed up for this, and your situation changes, please let us know. Please return the review forms to us by Friday, April 24th.
Step 3: Clarification Calls / Meetings — Optional
Between April 6th and April 17th, we will be holding “Clarification Calls” for all of the companies via our ZOOM video chat account where you will be able to ask any questions you might have for the entrepreneurs. We will be holding an in-person event at Bethesda Green on Wednesday, April 15th for the companies that are also part of that program. These calls typically last 45-60 minutes.
Step 4: Mentor Matching — Optional
The last question on the review form gives you these options:
- I would be willing to mentor this business.
- I would be happy to engage in a follow-up conversation.
- I am willing to answer questions about my feedback via email.
- Please leave me anonymous.
You indicate which option works for you. Then, the entrepreneur reaches out to the reviewers who (a) checked one of the first three boxes, and (b) delivered their commentary in a manner than the entrepreneur found constructive to their situation. This is why we do the business plan review first — it gives the entrepreneur the chance to identify the people who provide information to them in a way that works for them.
Step 5: Mentoring — Optional
If you and the entrepreneur have chosen each other for a mentoring relationship, we will work with you directly at that point to set that up. We will offer guidance, although each mentoring relationship is different.
Step 6: Peer-To-Peer Calls — Optional
Peer-to-peer calls feature individuals working on the same challenges but not competing for the same customers. All current and former entrepreneurs and reviewers and mentors are invited to join if the topic is of interest. The topics are chosen by entrepreneurs from the most recent cohort.