New investment for business mentors

Published on Wednesday, 16 November 2011 11:10

Posted by Scott Buckler

Mark Prisk announces new investment to recruit and train an additional 10,000 volunteers to become business mentors

With funding to recruit and train a further 5,000 mentors as part of a package of support for female entrepreneurs announced earlier this month, as well as almost 11,000 business mentors already available through mentorsme.co.uk , this investment will bring the total number of business mentors available to around 26,000.

New grant funding of £1.2m will support the Small Firms Enterprise Development Initiative (SFEDI)'s new Get Mentoring scheme to recruit 10,000 business volunteers from small and medium sized enterprises (SMEs).

Mentorsme.co.uk allows you to use a single, easy-to-use search engine to locate organisations that provide mentor services. The government and the BBA are working to give users access to existing mentoring organisations and networks under one umbrella.

Mark Prisk, said:

“Businesses tell us they want to get advice from other experienced business people and we know that those seeking support are more likely to succeed.

“Mentoring can deliver significant economic benefits from just a small commitment of time and resources. Building a relationship with a mentor can have a positive effect on your business, whether you are just starting up or are already established."