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

Intel Leads $20M Investment in transparent A.I. startup Gamalon. Read More.

Leuko Labs named as winner of Startup World Cup and $1,000,000 investment prize. Read More.

FINsix announces strategic partnership with Toyota Industries Corporation. Read More.

Common Sensing secures $6.6M Series A investment round to support injectable medicines. Read More.

Looking for more VMS news? Visit our news page.


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

When I first heard about VMS, I was immediately attracted by the fact that it is structured as an educational journey for the entrepreneur. The focus on education and learning, combined with the brilliant feature of group mentoring, leads to a unique, effective and highly productive experience, for both mentee and mentor. As an MIT VMS mentor, I have found that not only am I able to share with the entrepreneurs valuable insight based on my work experience, but I too am constantly learning. I look forward to many more years of sharing and learning with the MIT VMS program.

Cathy is a global operations executive with 30-plus years of experience that span services, supply chain, engineering, manufacturing and product development. She is currently a part-time Lecturer at the MIT Sloan School of Management, serving as a mentor for several courses in Sloan’s Action Learning Program. Cathy has a B.S. in Mechanical Engineering from Duke University and an M.S. in Management of Technology from the MIT Sloan School of Management.

Learn more about Cathy and how to support VMS.

DONOR SPOTLIGHT - Catherine Iacobo