To Boost Growing Small Businesses, Start Mentoring
(Businessweek) — Small businesses will play a pivotal role in creating jobs and helping our economy get back on its feet. Policymakers can help, particularly if they recognize their unique position to assist growing companies in scaling up. And nothing can give mid-to-late-stage entrepreneurs a better leg up than connecting them to business leaders and all the resources they command. To that end, New York City took a bold step on Dec. 6 when it launched its Venture Fellows Program to pair entrepreneurs with leaders of established businesses for a year of mentoring at no charge.