Start-ups & mentoring
⭐ A typical mentoring process for a start-up
1. Matching the start-up with a mentor (The first meeting is free)
An organization (e.g., an innovation hub, university, business center, or incubator) matches a start-up with a mentor who has experience in:
the relevant industry
sales/marketing
product development
finance
investments (VC)
Example:
A tech start-up is matched with a mentor who previously sold their own software company.
2. First meeting: Mapping the situationThe start-up explains:
what the idea is
how far they’ve come
what challenges they face
The mentor asks questions, gives initial feedback, and helps define the 2–3 most important focus areas.
3. Regular meetings (often once or twice a month)
Each session is used to:
review current challenges
receive feedback
get clarifying and strategic questions
define concrete next steps
Example from a meeting:
Mentor: “Before you build more features, you should test with 5 paying customers.”
Start-up: “Alright, we’ll contact them before the next meeting.”
4. Access to the mentor’s network
One of the biggest benefits is the network:
potential customers
investors
specialists (lawyers, designers, developers)
relevant partners
Example:
The mentor introduces the start-up to an investor who later provides funding.
5. Strategic sparring
The mentor helps with bigger decisions such as:
How should the start-up make money?
When is the right time to seek investment?
Should the company pivot (change direction)?
What should be prioritized in the next 3 months?
6. The mentor doesn’t run the business
The mentor is a guide, not a boss.
The start-up still makes the decisions and drives the business forward.
7. Ending the program
After 3–12 months, the mentoring program wraps up:
What worked?
What did the start-up achieve?
What are the next steps?
Should the collaboration continue informally?
⭐ A very short example in one sentence:
A mentor provides practical help, experience, and networking so a new start-up can grow faster and avoid common mistakes.
We can be yours way to success, because your success is our success.
Source: Made of Invest Business House. Illustrative analysis based on startup research, investor studies, and business failure reports. Figures are estimates and do not represent official Danish 2024 statistics.
Be aware that a small percentage of business professionals may display toxic, unethical, or purely self-interested behavior. They may prioritize personal gain over integrity and could attempt to exploit business relationships. Always conduct proper due diligence, verify partners carefully, and build agreements with people who demonstrate transparency, respect, and strong ethical standards.
Investments: from €100k to €500k
Focus: B2B Tech and Sector-Agnostic
Stage: Pre-Seed and Seed (Followers more in rounds from €1 a €3M)
Geo: EU
Scheme 2. Prices: Only for entrepreneurs.
Mentor/advisor agreement 5% ownership over 4 years.
