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Overview

MIT Venture Mentoring Service (VMS) is a free, confidential mentoring service providing experienced entrepreneurial guidance to MIT community members (students, alumni, faculty, and staff) in the Boston area. Since its founding, VMS has developed one of the world's most robust venture mentoring ecosystems, with a network of nearly 200 experienced volunteer mentors. Entrepreneurs are paired with groups of 2-5 mentors, receiving tailored advice across various domains including product development, marketing, finance, and more. The program emphasizes confidentiality and conflict-free guidance, making it a valuable resource for those looking to navigate the startup landscape.

Investment focus

The MIT Venture Mentoring Service aims to foster entrepreneurship within the MIT community by providing access to experienced mentors who can offer practical, actionable guidance. The program focuses on supporting ventures at various stages of development, helping entrepreneurs navigate challenges in product development, marketing, finance, and more. By leveraging a diverse pool of mentors, VMS addresses the unique needs of startups and promotes a culture of innovation and collaboration.

Program details

Applicants are encouraged to clearly articulate their venture's needs and how mentoring can assist them. Engaging actively with mentors and participating in additional program offerings can enhance the mentoring experience.

Who it is for

The program is open to all members of the MIT community, including students, alumni, faculty, and staff, who are seeking entrepreneurial guidance.

Check your startup’s fit

Check your eligibility for MIT Venture Mentoring Service (VMS)

Admissions and application

To apply, visit vms.mit.edu/application and fill out a brief online form describing your venture and mentoring needs. MIT affiliation verification is required, and decisions are typically made within one week.

Benefits

Participants receive access to a network of nearly 200 experienced mentors, team mentoring sessions, monthly pitch opportunities, and various workshops and boot camps tailored to their needs.

Timeline

Mentoring meetings can be scheduled as needed, with additional opportunities for engagement through monthly snapshot pitch sessions and boot camps held during January MIT IAP.

What came of it

VMS has supported numerous successful ventures, leading to multiple IPOs, high-profile exits, and the creation of billion-dollar companies. The program has assisted over 3,500 ventures and 4,800 entrepreneurs, with a high rate of funding success among participants.

How to go about it

  1. Read what it asks for

    Who can apply, how people get in and whether it is open right now.

  2. Have something to show

    Programs pick people whose work they can already point to. Put yours where it can be found.

  3. Apply the way the program asks

    The program has not published how to apply. Terms and dates change. Check the official page before you act.

What it pays

The program is completely free for participants, with no financial compensation provided to mentors or mentees.

Questions about this program

Who can participate in the VMS program?

The program is open to all members of the MIT community, including students, alumni, faculty, and staff.

Is there a cost to participate?

No, the program is completely free for participants.

How do I apply?

Visit vms.mit.edu/application to fill out the application form.

About Massachusetts Institute of Technology

The Massachusetts Institute of Technology is one of the most renowned universities in the world. It is home to some of the world's brightest minds and has become a hotbed of innovation and entrepreneurship. There are several successful startups that have been incubated at MIT, and the university's venture capital ecos…

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