Entrepreneurs’ Corporation (EO) in Australia has produced a volunteer-operate mentorship programme in collaboration with Melbourne’s North Food stuff Team.
Mentees in the programme will acquire twelve months of absolutely free mentorship from members of the Entrepreneurs’ Firm, with mentors’ enterprises creating a minimum amount of US$1 million in profits.
The 360 Mentorship Plan Pilot is currently underway in Melbourne, with intentions to broaden it across Australia in the foreseeable future. The current mentor programme of the non-revenue, peer-to-peer network has been active for years, making it possible for EO users to obtain advice.
Furthermore, the pilot is focused on Meals & Beverage thanks to the collaboration with Melbourne’s North Meals Team, but the group is wanting to increase to other industries following the pilot.
Software goals
Entrepreneurs’ Group 360 Mentor Application is a structured 12-thirty day period mentorship method operate by volunteer associates of EO wanting to aid community start off-ups and give back to the community business community.
In conditions of structure, mentors and mentees show up at a training session on how it will run and how to get the most out of mentoring, followed by regular monthly periods covering goal placing, difficulties and how to overcome them. The software aims to impart decades of small business advice to youthful, fast-development start out-ups with big probable.
Am I suitable?
The pilot system is becoming operate in partnership with users of Melbourne’s North Food stuff Team, dependent on the criteria :
- Have a business with a solution
- Have shown profits and profits
- Have a financial turnover of $250,000K + and are not eligible for the Accelerator Software
- Be working full-time in the company
“Entrepreneurs’ Corporations 360 Mentorship Pilot Program is our way of providing back again and uplifting other small small business proprietors in our community neighborhood,” reported Costa Vasili, founder and CEO of Ethnolink, a nationwide language translation expert services service provider.
“As a software mentor, I’ve been performing with Ben Circosta on his regular Italian chilli enterprise, Bippi. It is been an extremely fulfilling expertise to give back to the community, especially as the two of our organization suggestions had been influenced by our migrant backgrounds.”
Ben Circosta, Mentee, suggests, “It’s an wonderful expertise to study from a thriving entrepreneur this sort of as Costa, and I have promptly been in a position to strengthen not just enterprise processes but also individually, as a company proprietor.”
The twelve-month pilot software focuses on purpose setting and resolving worries as they crop up, with regular monthly catchups averaging a couple of hours each and every month. Concluding in 2023, the goal is to roll it out in other states up coming 12 months. Entrepreneurs’ Business has unbiased chapters functioning in VIC, NSW, QLD, SA and WA.
The not-for-earnings, peer-to-peer network’s existing mentor method has been managing for decades, allowing EO associates to acquire mentorship. 360 Mentorship Software is aptly named for finishing the circle of offering mentorship to early-stage business owners, providing them the assistance to expand and prosper.

Mentee businesses in the system contain Josh’s Rainbow Eggs (2019 Victorian Young Achiever Award for Environmental Sustainability) and Bippi, an genuine Italian chilli, to identify a few.
Extra here http://www.eoaustralia.org/
Hold up to date with our tales on LinkedIn, Twitter, Fb and Instagram.
More Stories
Why Are Travel Insurance Claims Denied?
Creativity in the Business World: Thinking Outside the Box
Business Ideas For a Shrinking Economy