1. Key Partner for Your Entrepreneurial Program: Your College Foundation

2. Goals of today’s session:

3. 1.Create a cross-functional team to align goals of community college, government, economic development and other institutions. 2.A framework for a mentorship program utilizing foundation members and support. 3.Utilize alumni to fund programs, not capital needs.

4. How do you “use” your Foundation?

5. 1.Create a cross-functional team to align goals of community college, government, economic development and other institutions. 2.A framework for a mentorship program utilizing foundation members and support. 3.Utilize alumni to fund programs, not capital needs.

6. Business Community99.2% College President93.0% Alumni76.7% Board of trustees73.6% Other college administrators48.8% Government42.6% Non-profit community34.1% Faculty31.8% Staff23.3% Students17.1% What interests are represented on a foundation board?

7. Scholarship Capital Improvements Educational opportunities Technology Revitalizing the community What does the foundation use the $ for?

10. 1.Create a cross-functional team to align goals of community college, government, economic development and other institutions. 2.A framework for a mentorship program utilizing foundation members and support. 3.Utilize alumni to fund programs, not capital needs.

11. Mentor Workbook Goals – What are we looking for? Students – Who are they? Course Structure – Path Resources – How we do it? Role of Mentors – Time, responsibilities, etc. Who Should Be a Mentor? – Is it right for you?

12. Worksheets New Mentor Information Sheet – Who are you? Mentor Assignment – Who gets who? Mentor Summary – Team listing of assignments? Mentor Update – How is the team doing?

13. 1.Create a cross-functional team to align goals of community college, government, economic development and other institutions. 2.A framework for a mentorship program utilizing foundation members and support. 3.Utilize alumni to fund programs, not capital needs.

14. People Program Place

16. Thank you John@johnliddy.com

17. How to Mentor by TechStars Be socratic. Expect nothing in return (you’ll be delighted with what you do get back). Be authentic / practice what you preach. Be direct. Tell the truth, however hard. Listen too. The best mentor relationships eventually become two-way. Be responsive. Adopt at least one company every single year. Experience counts. Clearly separate opinion from fact. Hold information in confidence. Clearly commit to mentor or do not. Either is fine. Know what you don’t know. Say I don’t know when you don’t know. “I don’t know” is preferable to bravado. Guide, don’t control. Teams must make their own decisions. Guide but never tell them what to do. Accept and communicate with other mentors that get involved. Be optimistic. Provide specific actionable advice, don’t be vague. Be challenging/robust but never destructive. Have empathy. Remember that startups are hard.