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 situation

The 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.

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 1. Prices: Only for entrepreneurs.
Investor Search €Price per hour
Investor Pitch Deck Preparation from €Price per hour
(Patent) News survey €Price per hour

Scheme 2. Prices: Only for entrepreneurs.

Mentor/advisor agreement 5%-10% ownership over 4 years.

 

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