Online training for mentors ITKAM

I. What is CrossEUWBA? A two-year-project co-funded by the European Union. The project pursues the overall objective of facilitating the funding of women entrepreneurs (WE) through women business angels (WBA) and contributing to the creation of a sustainable base of private investment in Europe.

BAND – Business Angels Netzwerk Deutschland A few numbers… Only 13% of startups in Germany have been founded or co-founded by a woman Gruenderszene.de, 2016 The EU recognizes Women Entrepreneurs as a source of untapped entrepreneurial potential that has to be more efficiently supported.  Only 5-7% of Business Angels in Germany are female BAND – Business Angels Netzwerk Deutschland

II. Why it is important to train more WBA? Many women in Europe have enough entrepreneurial experience and financial resources to become successful investors (untapped potential) ; Women invest differently than men; According to the Financial Times, female investors invest at a greater rate in female founded companies

III. CrossEUWBA – Free mentoring programme  Adressed to novice WBA; A network of mentors based in 5 european countries; Different fields of expertise; Voluntary and free of charge;

IV. Reasons to become a mentor To pass on your knowledge and expertise; To develop your leadership skills; To learn new perspectives; To strenghten you communicative skills; To gain satisfaction; To be part of someone else’s success; To make an impact! Our final aim is to increase the number of ready-for-investment female startups and the number of female angel investors.

V. The role of a mentor The role of a mentor is to: Pass on information and knowledge; Motivate the mentee to leave his/her comfort zone; Offer support and encouragement; Give advice and feedbacks without forcing decisions; Build a trust relationship; Be a role model; Be open and learn from the mentee;

VI. Mentoring life cycle

VII. Ways of mentoring Formal VS Informal Face-to-face VS E-Learning One-to-One VS Group mentoring Peer mentoring

VII. Content of mentoring (example)  Start from your personal experience  The role of a Business Angel  Finding the right startup  The path to investment  Exit strategy  Share your failures!  Celebrate together!

itkam.org/european-project-crosseuwba/ www.crosseuwba.eu www.wegate.eu itkam.org/european-project-crosseuwba/ https://goo.gl/forms/K90F7jzTuBwBDK0c2 You can find us at the stated e-mail adress or though our webpage www.crosseuwba.eu or get informed in Europe‘s one stop shop for WBA/WE wegate.eu. And please do not forget to fill out our survey that we will also be happy to send to you, if you leave us your business card. Otherwise, it can also be found on our project web site. In the name of ITKAM, the official Lead Project coordinator for CrossEUWBA in Gremany, all that remains to say is: