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U.S. Chamber Magazine, February 2008
Get Answers to Business Challenges

After managing an arts and craft store for nine years, Rose Sabel-Dodge of Portland, Oregon, was ready to open her own fiber arts and craft shop specializing in natural supplies. Though skilled in managing inventory and running a business day-to-day, Sabel-Dodge lacked knowledge about other aspects of business ownership. "I didn't know about cash flow charts or how to write a business plan," she says.

For answers, Sabel-Dodge turned to a mentor she found through MicroMentor. Sabel-Dodge had firm criteria in mind when she began reviewing mentor profiles on MicroMentor's Web site in July 2007.

Read the full article >

 
 


Kelly K. Spors, The Wall Street Journal, January 20, 2008
Your Mentor Is Out There -- in Cyberspace

Last spring, Morgan Dalley of Austin, Texas, needed guidance on targeting and marketing her fledgling business hosting spa parties. At a meeting of a local business group, she heard about a Web site, MicroMentor.org, that matches entrepreneurs with volunteer mentors.

She built a profile on the site, and then searched its database of prospective mentors. She found a professional business coach in Georgia with start-up experience and a sales background who agreed to mentor her free over the telephone.

"Each conversation kind of builds on the one before it," says Ms. Dalley, 31, who had $43,000 in revenue from her business last year. "By the end of it, I came out with a whole plan that I didn't realize I was creating."

Read the full article >

 
 



Robin Xander, San Francisco Business Times, December 21, 2007
Mentors bring entrepreneurs into the big leagues

Not an expert on everything you need to know to run a business? Not to worry. Business coaches can fill in the gaps in your education.

...Another option is MicroMentor, an online support network focusing on micro-businesses...

...The site works like a rudimentary dating site for entrepreneurs...

Read the full article >

 
 


November 6, 2007
Fed Chair Ben Bernanke Highlights MicroMentor Business Model


In a November 6 speech at the ACCIÓN Texas Summit on Microfinance in the United States, Federal Reserve Chairman Ben Bernanke pointed to MicroMentor as an example of new business models for microenterprise development:

"MicroMentor matches inexperienced entrepreneurs with more experienced businesspeople, thereby providing important assistance to new business owners at a relatively low cost."

Link to full speech >>

 
 
MicroMentor Goes Global

MicroMentor will expand globally as part of a transfer to Mercy Corps, effective October 1. Plans also call for strengthening the program domestically.

Read more >> [PDF]

 
 
Support from the eBay Foundation
We are happy to be working with the eBay Foundation to continue serving entrepreneurs across the United States. Their investment is also enabling us to study how we can best improve the MicroMentor program.
 
 
Hire Frequencies Radio Interview
As a guest on Hire Frequencies, a program of career and worklife news, David
Rand, Director of MicroMentor, speaks with host Dave Abrams
on how entrepreneurs can grow their businesses through mentoring
relationships with business professionals.
Listen to the full interview here >>
 
 
Entrepreneur Magazine Radio Show
January 14. 2005
MicroMentor's director, David Rand, recently discussed how on-line mentoring can help
strengthen microbusinesses with Lee Mirabal, host of the Entrepreneur Magazine Radio Show. Listen to the full interview (01.14.05 - Segment Three) here >>
 
 
National Dialogue on Entrepreneurship Newsletter
Public Forum Institute
Sept. 22, 2003
This on-line newsletter, which regularly features stories on "various trends driving the innovation economy," put MicroMentor in the spotlight, describing how it helps budding entrepreneurs and promoting the need for more mentors. The National Dialogue on Entrepreneurship, an initiative of the Public Forum Institute, seeks to increase awareness and understanding of entrepreneurship among policymakers. The initiative is supported by the Ewing Marion Kauffman Foundation.
 
 
District Bulletin
Federal Reserve Bank of San Francisco
August 2003
MicroMentor's national campaign to recruit more mentors got a boost from this on-line publication, which posted an announcement about the project. The Federal Reserve Bank of San Francisco is one of 12 regional banks across the U.S. that, together with the Board of Governors in Washington, D.C., serve as the nation's central bank.
 
 
"MicroMentor Helps Grow New Businesses and Forge New Relationships," Pursuing Value: The Newsletter for Relationship Business
July 31, 2003
This article explains MicroMentor's mission, while also putting the project in the context of relationship building. Pursuing Value is an e-mail newsletter published regularly by The Rhythm of Business, a Boston-based consultancy that helps entrepreneurs and other businesspeople master the art of collaborative business.
 
 
"MicroMentor uses the Internet to connect entrepreneurs with expertise," The Charles Stewart Mott Foundation's Web site
July 2003
This news story, posted on the Mott Foundation's Web site, details the purpose and scope of MicroMentor. The Foundation has been one of MicroMentor's earliest and biggest funders.
 
 
"Mentor program helps out startups: Business veterans help budding entrepreneurs find their feet," San Francisco Chronicle
May 26, 2003
By featuring the owner of a Spanish-language Web magazine who was paired with a helpful mentor, this Chronicle article paints a lively picture of MicroMentor's benefits. In addition, this in-depth feature story explains the nuts-and-bolts of MicroMentor through interviews with the microentrepreneur, her mentor and Project Director David Rand.
 
 

Spotlighted: MicroMentor Director David Rand touted the benefits of on-line mentoring during a recent Web cast sponsored by the National Women's Business Council (NWBC). Rand was part of a five-person panel that discussed mentoring as a tool to help women grow their businesses. To view the one-hour discussion, and access resources related to small business development and mentoring, visit NWBC's Web site.

 

New Funder: The Citigroup Foundation has awarded a $25,000 grant to MicroMentor for operational support in 2004. This grant marks the second time in recent months that MicroMentor has attracted a new funder.

 
 
Budding Relationship: MicroMentor is joining forces with the National Women's Business Council (NWBC) to promote the benefits of mentoring to women business owners. NWBC is a bi-partisan advisory council created to serve as an independent source of advice and policy recommendations to the federal government on economic issues important to women business owners. Recently, the NWBC hosted a Web cast devoted to mentoring (see above item) and launched a new Web site portal featuring links to mentoring programs, including MicroMentor. Learn more at www.nwbc.gov.
 
 
HP and MicroMentor: In November, Hewlett-Packard awarded a $140,000 grant to MicroMentor so that mentoring services could be offered to nine organizations in HP's Microenterprise Development Grant program, which is designed to increase the capacity of both microenterprise organizations and microentrepreneurs in underserved communities.
 
 
AEO Accolades: MicroMentor has been recognized as a "unique and creative innovation" by the Association for Enterprise Opportunity (AEO), which presented Director David Rand with the 2003 Innovation Award in Technology at the national trade association's recent annual meeting. AEO, which represents hundreds of microenterprise programs across the U.S., bestows the award annually to recognize projects that are "genuinely new, unique and creative in terms of technology or program design."
  Pictured: Welthy Soni, Former Chair, AEO Board of Directors, David Rand, Director, MicroMentor, and Sheilah Rogers, Executive Director, WEST Company
 
   

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