Mentoring

Mentoring is a vital component of EA’s incubation process. In EA’s pursuit to foster a vibrant entrepreneurial ecosystem, besides training and finance, mentoring has emerged as a necessary tool to sustain local entrepreneurs. EA observed that, as entrepreneurs experienced the push and pull of market, requests for one-on-one mentoring sessions arose. This can be attributed to the lack of any formal training on entrepreneurship, and that FGEs are insufficiently equipped with fundamental and practical knowledge. Studies suggest that most enterprises fail due to the dearth of proper incubation support, especially during the first six months of operation. As a result, EA has been carrying out informal, undocumented mentorship activities, including face-to-face discussions and site visits to fill gaps in domain knowledge, market intelligence, business numeracy, and other business advisory services.

 
Photo by g-stockstudio/iStock / Getty Images
Photo by g-stockstudio/iStock / Getty Images

EA observed that, as entrepreneurs experienced the push and pull of market, requests for one-on-one mentoring sessions arose. This can be attributed to the lack of any formal training on entrepreneurship, and that FGEs are insufficiently equipped with fundamental and practical knowledge. Studies suggest that most enterprises fail due to the dearth of proper incubation support, especially during the first six months of operation. As a result, EA has been carrying out informal, undocumented mentorship activities, including face-to-face discussions and site visits to fill gaps in domain knowledge, market intelligence, business numeracy, and other business advisory services.

Photo by utah778/iStock / Getty Images
Photo by utah778/iStock / Getty Images

Credit Linkage

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Photo by shironosov/iStock / Getty Images
Photo by shironosov/iStock / Getty Images

Market Linkage

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