One of the secret weapons of any successful startup is a great mentor. By sharing their knowledge and experience, a mentor not only sets their team up for success but also contributes to the development of the entire startup ecosystem.
The US Startup Mentor Training Program is open to any startup founder, corporate executive or expert who is ready to share their knowledge as a mentor. The aim of the program is to equip mentors with the know-how, tools and best practices necessary to guide startup teams towards sustainable growth.
The program is organized by CEU iLab in cooperation with the US Embassy in Budapest.
Entrepreneurship is a practical discipline where role models, best practices, success stories but even stories of failure serve as great sources of inspiration. On the flip side, there is a widespread perception in Hungary that the lack of knowledge sharing is an important hindering factor of entrepreneurial success. This program enables you to act as a catalyst for change by becoming a better startup mentor!
All participants completing the five sessions will receive a virtual „Equipped Startup Mentor Badge” from CEU iLab, that they will be entitled to use across their social media profiles and websites.
During the five interactive sessions, you will participate in lectures and workshops delivered by US experts. The range of topics will be as wide as possible, allowing you to gain insight into startup mentoring best practices, case studies and mentoring frameworks.
At the last session, participants will draft a joint Mentor Manifesto that can serve as a point of reference for any startup mentor in Hungary in the future.
During the online and offline sessions you will have the opportunity to meet and network with the speakers and other participants from a wide range of backgrounds: startup founders, university faculty, corporate executives etc. This way you can widen your horizon and build your local and international network.
Build a strong, resilient startup ecosystem based on trust, knowledge sharing and collaboration across companies and institutions. As a mentor you can serve as a multiplier, creating a wide economic and social value.
The program creates a dynamic community that supports entrepreneurial partnerships. We would like to keep this community alive even after the end of the program so that members can continue to share their knowledge and experience in startup mentoring.
Nathan Furr (INSEAD)
19 May 2021, 4 pm - 7 pm (CET)
This session will explore in an interactive format the differences between the entrepreneurial and the corporate management and mindset. Through practical activities you will understand how to build bridges between your experience and startups.
23 September 2021, 4 pm - 7 pm (CET)
CEU Budapest campus, Auditorium
During this session you will get a practical insight into different startup mentoring methodologies used across US universities and accelerators.
John Hill (Techstars)
Katja Wald (MIT Enterprise Forum Cambridge)
10 June 2021, 4 pm - 8 pm (CET)
hybrid (online and Groupama Arena)
During this session experts from two of the most well-known US accelerator programs will walk you through their best practices of startup mentoring. The session will be followed by a panel discussion with Hungarian founders who will share their experience about US and international accelerator programs they participated in.
Register for the event between 23 April - 18 MayRegister
21 October 2021, 4 pm - 7 pm (CET)
CEU Budapest campus, Auditorium
Research shows that entrepreneurship is teachable and learnable. The aim of this session is to give you hands-on methods about how to do that.
25 November 2021, 4 pm - 7 pm (CET)
CEU Budapest campus, Auditorium
Here you will deep dive into the professional benchmarks of a leading US accelerator program's mentoring system. In the second part of the session we will collectively try to draft our own mentor manifesto that can serve as a reference for any startup mentor in Hungary in the future.
The language of the sessions will be English. Participants should have advanced-level written and oral English skills.
We expect participants to have some experience in business development either from a business or academic angle. Any industry and any company size counts. We typically expect startup founders, executives, SME managers, advisors and researchers/faculty from entrepreneurship-related university programs or departments to apply.
The aim of the project is to train startup mentors who will then go on and share their experience with startup teams. Please only apply if you are ready for this. There is no benchmark however - it does not matter how much time you can invest in mentoring. A single hour on a monthly basis can have a huge impact on an early-stage startup.
We expect participants to cover all sessions of the program. As an absolute minimum, attending 4 sessions out of the 5 is required.
Katja is the executive director of the MIT Enterprise Forum Cambridge, one of the oldest entrepreneurial support organizations in the world. She is a driving force of innovation, connecting the most promising startups with mentors, educators, investors and customers.
Nathan Furr is a professor of strategy and innovation at INSEAD in Paris. He earned his Ph.D. from Stanford University. His bestselling books include The Innovator’s Method and Leading Transformation (Harvard Business School Press). Nathan works with leading companies such as Google, Microsoft, Citi, ING, Philips and Solvay.
"Mentoring is about inspiring. It is very rewarding to share my several years of startup support experience with young teams and see how this accumulated learning can help them grow."
"Mentoring is a possibility to help future entrepreneurs reach their goals more quickly based on our earlier experience. This process benefits all participants so we do it with pleasure.."
"Mentoring startups with truly disruptive ideas helps me think outside of the box. We cannot go back and use the best practices because there aren't any. Innovation needs to be part of our culture. We’re in trouble if we can’t catch up with the constantly transforming world. Mentoring keeps me fit for the customers."
Managing Director, WSI Origin Consulting
CEU Innovations Lab (iLab) is the startup incubator and accelerator of Central European University.
In the past 5 years, iLab has incubated 65 early-stage projects with success stories such as that of Brokerchooser, Talk-a-bot and Salarify . iLab teams raised altogether funds worth 8 million Euros and created more than 235 jobs. CEU iLab is industry-agnostic, taking projects from any industry, however, there is a prevalence of teams in fintech, food and health.
What makes CEU iLab unique is the synergy it creates between academia and business.
CEU iLab takes startup teams into its one-year incubation program twice a year. The next cohort starts in September 2021.