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With many companies today struggling to attract and retain talent, a culture of mentorship will put your company ahead of the competition. That’s why establishing a culture of mentorship is so beneficial for entrepreneurs growing their businesses. Why a culture of mentorshipsupports business success.
This year, through the Follow-up program after Demoday, KSGC 2023 offers further support to the Top 20 teams, including commercialization funds such as a PoC(Proof of Concept) project with Korean companies for approximately 8 teams with a maximum funding of $25,000, which will help startups take their innovative ideas to the next level.
Settlement support, including administrative assistance related to incorporation, visas, and living arrangements. Additional Follow-Up support: The top 20 startups from the program will receive an additional paid extension in Korea from December 1, 2023, to March 29, 2024. This allowed us to hit the ground running.”
Mentorships provide direct access to people with relevant business skills and expertise, who can offer regular, tailored and timely advice – on general business practice and strategy, or specific areas of concern (finance, marketing, governance). Business events & courses.
Some of the best advice I have recieved from So-Young is that, as leaders, we need to constantly empower our associates by allowing them room to grow, giving them tasks that they may not be able to do before, but at the same time, giving them the support and resources to ask for help and advice. Watch our Facebook Live video together here!
The biggest accelerator program, sponsored by the Korean government, supported by the Ministry of SMEs and Startups (MSS), and organized by the National IT Industry Promotion Agency (NIPA), will be held for 3.5 Full financial support & top performing team prizes The most significant aspect of the KSGC program is the financial support.
By reminding people that they have a support system during troubling times, leaders can alleviate anxiety and stress. Whether it’s through relevant seminars, one-on-one coaching, or in-house mentorship, there are a number of excellent ways you can help employees upskill and keep them motivated through dire times.
Seminars, workshops, and events are excellent venues for employees to meet others in their field and expand their network. Nilesh Rakholia , Director, Abelini Mentorship Programs Startup employees often desire mentorship from someone within the organization, ideally through a formal company-wide mentorship program.
This may involve assigning them to cross-functional projects, providing them with challenging assignments, and offering opportunities for learning and growth through workshops, seminars, and mentorship programs. It’s important to create a supportive and inclusive environment that encourages these individuals to take risks.
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