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

VMS Companies in the News

Pika Energy  selected by the National Renewable Energy Laboratory for projects totaling $700,000 of funding. Read More.

Smarter in the City opens its incubator space in Dudley Square. Read More.

Phoodeez featured in the Boston Globe. Read More.

Filter Sensing Technologies  recognized by R&D Magazine for inventing one of the top 100 technologies of the year. Read More.

AC Kinetics closes $1.25M financing round. Read More.


VMS Company Spotlight

At Atlas5D, we believe that feeling safe in your own home as you age should be simple, private, and affordable. Our new product helps older adults continue living independent and fulfilling lives in the homes they love, while respecting their privacy and dignity.

Most people want to stay in their own homes as they age. But that can worry loved ones. The Atlas5D tablet is a smart sensor that helps families stay in sync by sharing changes in how and when a person is moving in their home and sending automatic text or e-mail alerts if there is a change in normal activity. Because Atlas5D shares your normal daily activity, not just alerts about health emergencies, your loved ones can stay more involved, engaged and connected. 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!

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.

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

Adopting the mit VMS Model

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