+7 (495) 987 43 74 (ext. 33-04)
Join us -          
Рус   |   Eng

Authors

Rozhdestvensky V.

Degree
PhD in Tecnique, National Research University Higher School of Economics
E-mail
victor_nn@mail.ru
Location
Nizhny Novgorod
Articles

Innovation projects incubation and mentorship program

The Russian project has more difficulties with the search of a good mentor than investments. There is a small quantity of successful entrepreneurs, who built their own business and are ready to share their experience not only through the TV, but directly with a certain project team. 
The article considers the foreign experience of mentor and project team cooperation, identifies the main areas and features of this cooperation. A survey among the residents of the Nizhny Novgorod Innovation Business Incubator revealed the pricipal characteristics of a mentor and criteria the mentor has to match. The author developed an algorithm of forming a mentoring pool that includes five main steps. The offered algorithm may have a positive impact on the innovation projects development process and improve the innovation projects incubation process, solving following problems: 
1. a lack of a necessary expertise of a project team. 
2. а little experience of a project team in the sphere of promoting their own business and producing goods and services. 
3. a lack of necessary contacts for promoting the project. 
4. a lack of necessary expertise of business incubator specialists. The results of conducted research show the qualities the mentor has to have in order to work with project teams. They are following: 
• High education in economics or mechanics 
• best practices in business 
• age of 30 – 50 years old (the criteria is least of all and may not count at all in the case if other criterion are matched) 
• an ability to spend a lot of time with the team in the beginning of a cooperation and less time during follow-up meetings. 
• a skill to determine the main directions of company’s activity. 
• an acting businessmen or a consultant with best practices of entrepreneurship. 
• owning or the experience of owning mid-sized business.
Read more...