AUC Venture Mentoring Services Program
AUC School of Business Center for Entrepreneurship and Innovation (CEI) is a certified MIT VMS member and will establish a network of qualified mentors to guide aspiring and established entrepreneurs in Egypt throughout the startup life cycle.
CEI familiarizes the ecosystem stakeholders with the importance of mentoring programs, as well as co-operates and coordinates the delivery of the MIT VMS program - using the MIT licensed material. The partnership will support CEI to continue to train mentors on the principles and methodology of the MIT VMS Model through its Leadership Team and mentors to expand its mentorship network.
The MIT VMS model is based on five pillars: a focus on team mentoring; best practices for recruiting and retaining highly qualified and committed volunteer mentors; strict guiding principles that assure unbiased advice to entrepreneurs; formalized processes and procedures; and a focus on developing stronger entrepreneurs. To date, 106 organizations from 23 countries have been trained by MIT VMS.