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-MENTORED COMPANIES in the news

Cogito spins out CompanionMx to bring emotion-tracking to health care providers. Read More.

Altaeros broadband blimp makes first test flight over Fremont. Read More.

Aquanis awarded $3.5 million funding from US DOE for improvements in wind technology. Read More.

Akselos receives $10M investment from Innogy Ventures and Shell Ventures. 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.

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VMS Company Spotlight - Radian

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After a five year stint in Silicon Valley, I recently moved back to Cambridge to launch a new startup. I'm so excited to be able to work with the VMS again—I never found anything else like it in Silicon Valley. From the moment you walk in the door at the VMS, everyone is incredibly supportive. At the same time, my mentors also challenge me and bring a variety of different perspectives. For me giving back to the VMS is an opportunity to have a big positive impact, as I've seen firsthand how mentorship helps entrepreneurs succeed.

Carter is an inventor and entrepreneur, with 8 issued patents and having started 3 technology businesses. Carter's latest startup is Frictionless Systems, which is developing technologies to get people "in the zone" so they can be their most effective. Carter is also teaching a class at MIT in the spring for first-year students, based on the neuroscience research being done at his startup. Beyond his own ventures, Carter has 13 years of tech industry experience at giants like Apple, Akamai, and Intel, and well as startups in finance, analytics, logistics, and food.

Learn more about Carter and how to support VMS.

DONOR SPOTLIGHT - CARTER JERNIGAN