Venture Mentoring
Is my business idea a hit or a miss?
That’s the million-dollar question every startup founder asks. At Venture Mentoring, we will help you find the answer. Let seasoned experts be your guides to entrepreneurship and give your high-tech idea the day in the spotlight it deserves. With us, you get more than mentorship – we are your partner in innovation. Bring your idea and let’s discover its destiny together.
Eager to begin?
Why venture mentoring?
Bespoke support
Define your business case step by step with experts chosen for their domain expertise.
Tailored for high-tech solutions
Meet specialists who empower your high-tech vision with extensive industry experience
Instant advice
A wealth of wisdom, skills and experiences at your fingertips, just a call away.
Thriving network
Tap into Basel’s renowned business ecosystem.
Just get started
No jury, no selection, no hassle, no bureaucracy.
Scope of the standard venture mentoring support
Our standard mentoring program is designed to swiftly define your high-tech innovation’s business case, offering quick access to tailored expert advice. We address high-level strategic questions in concentrated 2-3 hour sessions, connecting you with domain experts specifically chosen for each topic you need guidance on. For you the service is free-of-charge sponsored by our sponsoring foundation.
Extended expertise packages
Our extended expertise packages are designed for comprehensive analysis of key startup challenges and extend beyond our standard venture mentoring sessions. These offers are developed in collaboration with our partners and represent their dedicated support to our startup ecosystem. While offering additional options, founders have the freedom to access equivalent domain expertise through our standard support – ensuring impartiality and prioritizing your startup’s interests.
Patentability Analysis by Rentsch & Partner
Take advantage of Rentsch & Partner’s patentability analysis service, free-of-charge for our startups and valued at 2,000 CHF. This comprehensive service includes evaluating your invention for potentially patentable aspects, performing a four hours assisted patent search in collaboration with the Institute for Intellectual Property, analyzing the existing state-of-the-art to position your innovation uniquely, and providing strategic patent filing advice.
Also, join our IP Roundtable hosted by Rentsch & Partner. In this casual, one-hour virtual session, you’ll have direct access to experts for open discussions on intellectual property matters.
What startup founders say
FAQ
Who is the venture mentoring suitable for?
Our venture mentoring program is specifically designed for high-tech startup founders. It targets entrepreneurs with potentially patentable innovations or scalable software products, who are planning to establish their business in Basel-Stadt, Basel-Landschaft, or Jura. This program is a perfect fit for those at the forefront of technological advancement and innovation, seeking to transform their visionary ideas into successful enterprises.
What is the scope?
The program operates on a unique question-by-question basis. Each specific inquiry from a founder is allocated up to two hours of expert attention, ensuring that the guidance provided is precisely tailored to their individual situation and needs. This approach is efficient, focused, and avoids the involvement in extended consultancy commitments, as we do not fund these. Our strategy is to offer targeted support for each query within a well-defined time frame. Recognizing the unpredictable nature of startup journeys, our adaptable budget allocation is designed to deliver critical support exactly when it’s needed most, providing a flexible and responsive resource to navigate entrepreneurial challenges.
How does it work?
If you meet the eligibility criteria, simply register and contact our team to discuss your innovation and the challenges you face. We will connect you with our ecosystem of experts, who are well-equipped to assist you within the scope of our program. Our structured meeting organization process is a critical component, necessitating thorough documentation to support the flexibility of our budgeting. We encourage regular check-ins and updates post-meeting to keep us informed about your conclusions and progress. This ongoing communication is vital for maintaining alignment with your evolving needs and ensuring the effectiveness of the support provided.
Terms and conditions for startup founders supported by venture mentoring
Terms and conditions for startup founders supported by venture mentoring
Governance and interference
Transparent decision-making: Regular updates on key decisions and progress.
Balanced stakeholder representation: Consideration of all stakeholders in governance practices.
Ethical management: Adherence to principles of fairness, integrity, and responsibility.
Benefit to the Basel region (BL/BS, and Jura)
Regional economic contribution: Positive contribution to the Basel region’s economy.
Sustainability commitment: Sustainable business practices in the region.
Legal and compliance
Liability: Basel Area Business & Innovation is not liable for the advice given by experts.
Confidentiality and data protection: Strict confidentiality of shared information.
Compliance with laws and regulations: Business activities must comply with relevant laws.
Operational guidelines
Meeting organization and documentation: Adherence to structured meeting process and regular updates.
Program changes and availability: Basel Area Business & Innovation reserves the right to modify the program.
Support and accountability
No entitlement to support: Support is assessed case-by-case.
Responsibility for decisions and outcomes: Founders are responsible for decisions and outcomes.
Feedback and continuous improvement: Encouragement of constructive feedback.
Compliance and review
Adherence to terms for continued support.
Non-compliance may result in withdrawal of support.
Commitment to regular reviews with mentors.
Terms and conditions for experts in venture mentoring program
Governance and advisory role
Principle-aligned guidance: Provide advice in line with the program’s principles and values.
Transparency in advice: Maintain transparency in the guidance and feedback provided.
Responsibilities and conduct
Ethical conduct: Uphold high ethical standards in all interactions and advice.
Confidentiality obligation: Strict confidentiality of information disclosed during mentoring.
Conflict of interest: Disclosure and avoidance of any conflicts of interest.
Suspension of support
Monitoring compliance: Experts are expected to monitor startup compliance with program terms.
Action on suspected breaches: Required to report suspected breaches and may cease support if a breach is confirmed.
Program participation
Active engagement: Commitment to active and regular participation in mentoring sessions.
Feedback and improvement: Provide feedback for the continuous improvement of the program.
Compliance and agreement
Agreement to uphold terms: Acknowledgment of understanding and commitment to these terms.
Right to modify participation: Basel Area Business & Innovation reserves the right to reassess expert participation.
By signing these terms and conditions, experts acknowledge their role in supporting startup founders while adhering to the program’s principles and standards.