September 26, 2023

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A volunteer-run mentorship program for Melbourne-based F&B Startups 

3 min read

Entrepreneurs’ Group (EO) in Australia has established a volunteer-run mentorship programme in collaboration with Melbourne’s North Meals Team. 

Mentees in the programme will get twelve months of free mentorship from members of the Entrepreneurs’ Organization, with mentors’ enterprises building a minimal of US$1 million in income.

The 360 Mentorship System Pilot is presently underway in Melbourne, with intentions to expand it across Australia in the potential. The current mentor programme of the non-financial gain, peer-to-peer network has been lively for many years, allowing for EO customers to acquire advice. 

On top of that,  the pilot is centered on Foodstuff & Beverage owing to the collaboration with Melbourne’s North Food stuff Group, but the team is wanting to develop to other industries right after the pilot.

Software targets

Entrepreneurs’ Business 360 Mentor Application is a structured 12-month mentorship plan run by volunteer users of EO looking to aid community get started-ups and give back again to the community enterprise local community. 

In conditions of framework, mentors and mentees attend a training session on how it will run and how to get the most out of mentoring, followed by every month sessions masking intention setting, worries and how to get over them. The program aims to impart years of enterprise steering to younger, immediate-advancement start out-ups with enormous possible. 

Am I qualified?

The pilot plan is staying operate in partnership with customers of Melbourne’s North Food stuff Team, dependent on the conditions :

  • Have a business enterprise with a product
  • Have shown profits and profits
  • Have a economic turnover of $250,000K + and aren’t qualified for the Accelerator System
  • Be working whole-time in the company

“Entrepreneurs’ Businesses 360 Mentorship Pilot Program is our way of providing back again and uplifting other smaller company homeowners in our nearby local community,” stated Costa Vasili, founder and CEO of Ethnolink, a national language translation solutions supplier.

“As a software mentor, I have been doing the job with Ben Circosta on his conventional Italian chilli small business, Bippi. It’s been an amazingly fulfilling encounter to give back again to the group, significantly as each of our business suggestions had been influenced by our migrant backgrounds.”

Ben Circosta, Mentee, claims, “It’s an wonderful practical experience to learn from a prosperous entrepreneur these as Costa, and I have immediately been capable to make improvements to not just organization processes but also personally, as a business owner.”

The twelve-month pilot method focuses on intention location and resolving problems as they arise, with every month catchups averaging a couple of several hours each month. Concluding in 2023, the objective is to roll it out in other states future 12 months. Entrepreneurs’ Organization has impartial chapters running in VIC, NSW, QLD, SA and WA. 

The not-for-earnings, peer-to-peer network’s current mentor method has been functioning for yrs, making it possible for EO customers to receive mentorship. 360 Mentorship Method is aptly named for finishing the circle of supplying mentorship to early-stage entrepreneurs, providing them the guidance to increase and flourish. 

Mentee corporations in the application consist of Josh’s Rainbow Eggs (2019 Victorian Young Achiever Award for Environmental Sustainability) and Bippi, an authentic Italian chilli, to identify a few. 

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