Startup Milwaukee, a networking organization for local entrepreneurs, has begun Milwaukee's first-ever mentorship program for entrepreneurs focused on software, mobile, hardware and technology.
The group already has 20 mentors signed up and is taking applications from start-ups to be connected with them. Young companies seeking mentoring must have an idea of what their business models are, and understand their potential market and the obstacles they face, said Matt Cordio, a Startup Milwaukee co-founder.
"What we're doing sounds small, but if we can get start-ups connected with the right mentors, that's big for their businesses," Cordio said.
The mentoring program is modeled on similar efforts around the country, including Merlin Mentors in Madison. Such programs are critical to the success of a start-up community, Cordio said.
Every four months, the group will accept as many as eight entrepreneurs into the program, which is designed to match them with qualified mentors based on the stage they are at, their industry and their challenges.
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