StartUp Hutch is rolling out a new mentorship program designed to connect aspiring and current small business owners with experienced local advisors.
Executive Director Graham Clemme said the program, launching this week, pairs entrepreneurs with mentors who have specific expertise in their field. It is intended to complement the free business coaching already offered by StartUp Hutch.
“We want to have experts in the community be there for an hour or two a month — an additional friend and supporter who’s been through it and can help you avoid common mistakes,” Clemme said.
The initial group of mentors includes David Hogan of Newton, specializing in operations; Sarah Diamond of rural Hutchinson, experienced in nonprofits and grant writing; and longtime Hutchinson resident Gene Pflughoft, who has a broad background in high-level business operations. More mentors will be added in the coming months.
Matching Mentors and Mentees
Prospective mentees can request a match through the Startup Hutch website. Clemme said the team will discuss each applicant’s needs and connect them with a suitable mentor.
Clemme also stressed the importance of starting with a solid business plan and financial projections before launching a venture. “Think about month-to-month projections over the next three years. That’s not only best practice, but essential if you’re applying for loans or investment,” he said.
Grant Opportunities for Tech Startups
Startup Hutch recently partnered with Groover Labs in Wichita through the Kansas Department of Commerce’s Excel Kansas program, which provides technology-based businesses with grants starting at $5,000 and up to $25,000 to develop prototypes and validate market demand. One grant will be awarded in Reno County, with applications expected to open in September.
Youth Entrepreneurship Challenge Returns
With the school year underway, Startup Hutch is also reviving its Youth Entrepreneurship Challenge, part of the statewide Kansas Entrepreneurship Challenge. Students will create business plans, develop pitch presentations, and participate in a trade-show-style event scheduled for the spring semester.
Clemme said the goal is to involve all high schools in Reno County in a countywide competition, likely hosted at Hutchinson Community College in March.
For more information on the mentorship program, grant opportunities, or youth entrepreneurship initiatives, visit startuphutch.com or contact [email protected].