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 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.
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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Company Spotlight - Nesterly
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.