Comprehensive Mentoring Format for Surana Incubator

To provide structured, personalized, and impactful mentorship to startups within the incubator, fostering their growth, problem-solving abilities, and overall success.

Core Principles

Mentee-Centric

Focus on the specific needs and goals of each startup.

Structured yet Flexible

Provide a framework while allowing for organic mentor-mentee interactions.

Outcome-Oriented

Emphasize actionable insights and measurable progress.

Continuous Improvemen

Regularly evaluate and refine the mentoring
program.

Confidentiality

Ensure a trusting environment where sensitive
information can be shared openly.

Program Structure and Roles

  • Incubator Manager/Program Lead
  • Oversees the entire mentoring program.
  • Identifies and recruits mentors.
  • Facilitates mentor-mentee matching.
  • Provides training and resources to mentors.
  • Monitors program effectiveness and gathers feedback.
  • Resolves any conflicts or issues
  • Experienced professionals, entrepreneurs, or subject matter experts.
  • Provide guidance, advice, and support to assigned startups.
  • Share industry knowledge, best practices, and networks.
  • Act as a sounding board, helping startups refine strategies and overcome challenges.
  • Commit to regular meetings and timely feedback.
  • Actively participate in mentoring sessions.
  • Prepare for meetings by outlining specific questions and challenges.
  • Be open to feedback and constructive criticism.
  • Implement agreed-upon actions and report on progress.
  • Respect the mentor’s time and expertise.

Mentoring Stages

Onboarding & Matching:

1.Program Review

Assess the overall impact of the mentoring relationship.

2.Mentor Profile Submission:

Mentors provide their expertise, industry focus, and availability.

3.Matching Process:

The Incubator Manager facilitates matches based on expertise, industry fit, and startup needs. Consider a "speed dating" or introductory session for initial chemistry checks.

Initial Mentoring Phase
(First 1-2 Months):

1.Mentoring Agreement:

Formalize expectations and commitments.

2.Goal Setting:

Mentees, with mentor guidance, define clear, measurable short-term goals.

3.Regular Meetings:

Establish a consistent meeting schedule (e.g., bi-weekly).

Growth & Development
Phase (Ongoing)

1.Problem-Solving

Address specific challenges related to product development, market entry, fundraising, team building, etc.

2.Strategy Refinement

Work on business model optimization, go-to-market strategies, and scaling plans.

3.Network Expansion

Mentors may introduce startups to relevant contacts.

4.Performance Tracking

Regularly review progress against goals.

Transition/Offboarding

1.Problem-Solving

Address specific challenges related to product development, market entry, fundraising, team building, etc.

2.Future Planning

Discuss ongoing needs and potential for continued informal mentorship.

3.Feedback Collection

Gather feedback from both mentors and mentees.

Mentoring Forms