The MIT Venture Mentoring Service (MIT VMS) was founded in 2000 after two successful MIT-affiliated serial entrepreneurs – the late Professor David Staelin and alumnus Alexander Dingee – independently approached Provost Robert Brown with similar proposals to remedy a gap in how the university supports emerging entrepreneurial ventures. Convinced of the need, the Provost charged the two with developing a program. Learn more
what our mentees say
VMS was instrumental in getting us off the ground; our team of mentors had varied backgrounds and brought different perspectives on starting a business, everything from building a pitch, raising money, defining the product and building a viable business model. The VMS network of mentors and other ventures, continues to provide valuable advice to us as we scale our company. We feel lucky to have gotten this sort of support as we spun out.
The wisdom of experienced mentors at the VMS has really helped us get started and allowed us to move fast.
When we first started out we were a consulting organization. VMS was instrumental in helping us design the original business and helped us as we shifted to a product company. They also provided a lot of critical early advice. Now, VMS is a great community of fellow entrepreneurs!
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Did you know that the MIT Venture Mentoring Service relies almost entirely on private donations? With your generous financial support, you will join those that have shown their commitment to helping VMS educate MIT's emerging entrepreneurs. Learn more.
ADOPTING the mit vms model
MIT VMS can help you establish a formal, sustainable and scalable mentoring program based on our model. Learn more.
Company Spotlight - Magurobotics
Magurobotics recently closed a successful Kickstarter campaign for the Zombait lure. They are currently underway with product development.
Supporting VMS is also a way of giving back to my alma mater, my community, and my country. VMS is one reason why MIT is better than any other academic institution at putting the results of research to use in the real world.
Donald Shobrys ’75 is one of VMS’s most active volunteers and donors. An entrepreneur and supply–chain management expert, Don has mentored over 50 VMS venture teams since he joined in 2008. He is a VMS co-director and currently leads VMS’s initiative to engage and support its alumni entrepreneurs....