DesignX – MIT incubator provides mentorship

 

designxContinuing the powerful trend in incubators and accelerators, DesignX, the MIT incubator of the School of Architecture  + Planning, uses mentors to help MIT students develop their ventures:

DesignX is an entrepreneurial accelerator for student ventures that aims to transform the built environment, media, and design.  DesignX can help you to launch your ideas into a new venture, design process, or product while you are in school.

The heart of DesignX is an academic workshop in which participants receive financial support to develop their ventures, mentorship by experienced entrepreneurs, and a program of lectures, visits to innovative firms, and networking opportunities.

Mentorship

A critical component of the accelerator program is dedicated mentorship provided by industry practitioners, civic, art and technology leaders.


Our diverse group of mentors will meet with accepted student teams before the start of the Accelerator Workshop in order to mutually match and align interests, resources and skill sets.


DesignX will facilitate and pair mentors with teams.




Mentors will work with the student teams over the Spring semester, providing advice, criticism, and networking to help test and grow an entrepreneurial organization. 

In the case of thesis, students may consider having mentors serve in the role of a reader, working in coordination with their academic advisor. Interactions with mentors will undoubtedly vary based on team and topic, but may include assistance with:
– advancing design concepts
– crafting a business plan

– structuring user surveys or tests

– connecting with strategic partners

– accessing target markets and envisioning growth strategies

– developing a prototype, beta product or service

As part of the Accelerator Workshop, mentors may also offer targeted workshops or lectures focused on their area of business expertise or on an element of entrepreneurship specific for the built environment.



I was very pleased to have one of my MIT Venture Mentoring Service teams be accepted for DesignX, which has a selective competition for student teams.

Author: Mentorphile

Mentor, coach, and advisor to entrepreneurs, small businesses, and non-profit organizations. General manager with significant experience in both for-profit and non-profit organizations. Focus on media and information. On founding team of four venture-backed companies. Currently Chairman of Popsleuth, Inc., maker of the Endorfyn app for keeping fans updated on new stuff from their favorite artists.

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