Smart Mobility Mentor Network
The Smart Mobility Mentor Network is a systematic mentoring program that continues to positively impact the entrepreneurial community in our industry. The program aims to develop quality startups so they are prepared to make pitches for investment.
The mentor network has successfully connected seasoned mentors with exciting new companies to leverage the wealth of knowledge available in our state’s more extensive accelerator network, all while supporting our startup economy.
The Smart Mobility Mentor Network also provides unique access to industry-specific assets, networking opportunities with TennSMART’s members and partners, and opportunities to participate in TennSMART and Launch Tennessee programming.
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The Smart Mobility Mentor Network uses a video conference service to engage and connect mentors and entrepreneurs across the State of Tennessee and beyond. Of course, in-person meetings are encouraged when possible.
ELEMENTS
PRE-INTAKE: The application and pre-acceptance interview process is streamlined for the entrepreneur and mentors. Limited mentoring led by the program director happens in this phase focused on key steps to help prepare the company to enter the program.
INTAKE & EVALUATION: The entrepreneur gains immediate feedback from a panel of seasoned life science mentors on the general business plan and strategy. In this phase, the company is evaluated for readiness to enter the program completely or remain in a “pre-intake” phase. If accepted into the program, an EIR (Entrepreneur in Residence) and a team of mentors are assigned to the company.
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MARKETING: The entrepreneur is mentored in preparation to present their pitch to a panel of industry marketing experts that focuses on the company’s strategy and market analysis.
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FINANCE: The entrepreneur is mentored in preparation to present their pitch to a panel of industry financial experts that focuses on the company’s economics.
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FINAL COACHING: The complete business model and pitch are refined in light of all feedback received.
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FINAL PANEL AND PROGRAM GRADUATION: A formal presentation is given to a panel of mentors, including other strategic partners, customers, investors, and industry experts.
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After completing the program, startups have an investable pitch, a rock-solid business model, and a plan to develop and scale their company. These tools will position Tennessee’s life science entrepreneurs to raise capital, seek funding from SBIR and grow their technologies.