VMS is open to all members of the MIT community (students, faculty, staff and alumni) who have ideas and want to start new businesses. Learn more

HISTORY

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

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VMS has been an exceptional resource. When we set out, we were three co-founders with an idea and some technology. Our mentors helped guide us to turn those ideas and technology into a product and company. They helped us focus on what's most important at each stage along the way. Our mentors have been a great sounding board; with their help, we spun out of Draper Laboratory, raised venture capital, and are building an exciting, new, scalable cyber-security business.

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The wisdom of experienced mentors at the VMS has really helped us get started and allowed us to move fast.

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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!

APPLY

VMS is open to all members of the MIT community (students, faculty, staff, and alumni) who have ideas and want to start businesses. You must be based in the greater Boston area.

VMS in the news

Ministry of Supply: This jacket turns up the heat with the sound of your voice. Read More.

Leuko's monitor to detect dangerously low white blood cell levels featured in the MIT News. Read More.

XtalPi, US-China biotech startup, lands $15M from Google, Tencent and Sequoia. Read More.

Cogito in Wired: This Call May Be Monitored for Tone and Emotion. Read More.

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support vms

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.

ADOPT Our model

MIT VMS can help you establish a formal, sustainable and impactful mentoring program based on our Model. Learn more.

Domeyard LP is a hedge fund, most known for its focus on high-frequency trading. They live by their mission: to treat colleagues and clients like family, stay ahead of the industry, be involved in their community, and leave a positive legacy on this earth.

Domeyard is registered as a CTA and CPO and is a member of the National Futures Association.

Founded in 2012 by a young team at MIT (dome) and Harvard (yard), Domeyard started with $1000 in savings, going to school by day and trading the European session by night. Today, Domeyard trades up to $1 billion USD per day and is an active contributor to the finance, fintech, and local startup communities. They are dedicated to providing the latest and greatest services for our investors, as well as a healthy environment for their team.

Visit their website to learn more.

VMS Company Spotlight - Domeyard

Stearns

The launch of my company, Nairobi Capital, Inc., was fine-tuned at VMS. VMS provided me with a platform to develop the initial idea into a credible business proposal from which I was able to raise money and start the business. We have been in operation for the last 7 years, registering steady growth and being profitable every year. More important is the positive impact that we are making in Kenya by enhancing entrepreneurship and providing employment. Thus, it is no surprise that when aspiring young MIT entrepreneurs approach me for advice, I always refer them to VMS as a starting point.

Kirimania is an avid entrepreneur with a focus in emerging markets, specifically Kenya. He is the president & CEO of Nairobi Capital, Inc., a company whose main operations are in Kenya in business finance and real estate development. VMS thanks Kirimania for his generosity to MIT and the MIT Venture Mentoring Service.

Learn more about Kirimania and how to support VMS.

DONOR SPOTLIGHT - Kirimania Murithi