Mutual Mentoring Start-Up Program24 Apr 2013
We would like to see trial programs across Canada in which promising students are paired with older people with contextual expertise and provided with an opportunity to start a business, with state support through the provision of space, legal advice and accountancy, preferably in a startup incubator-like space. This would give both young people the opportunity to start a business and work with people who have long term experience, and would support older people who want to start a business but don’t have the up-to-date skills required. If a business fails there would still be a measurable benefit from skill transference and generated ideas; if the business succeeds then it would create jobs for all parties involved at the fraction of a cost of long term welfare, and potentially continue to grow.
Businesses created through the mutual mentoring start-up program would be required to provide information on their abandoned projects and failures along the way to build a growing online library of unrefined ideas for other participants in the program.