Advisory and Mentoring Support Services. The goal of this subtask is to establish and deploy customized advisory services as part of the Cluster’s effort to expand the quality of resources and the support system currently available to the Central Valley Region’s ventures. The Recipient shall: • Establish a management process for providing ventures with highly customized advisory services, including management of expectations and responsibilities, setting milestones, assigning advisors and monitoring progress. • Develop a Venture Advisory Agreement Template outlining the services provided by the Cluster and the responsibilities of the venture, agreed milestones and timeline. o Template should include a signature block that can be signed electronically. • Identify, recruit, and deploy Entrepreneurs-in-Residence (consultants) with relevant expertise to serve as a strategic counselor and mentor for accelerated ventures. • Solicit feedback from program participants at regular intervals to evaluate the quality and accessibility of support services offered. • Provide individualized advisory services in business development, market analysis and entry, strategy marketing and more, as relevant to cohort ventures with milestones and progress development and monitoring. • Establish and host a series of informal Founder’s Forums for founders and CEO’s to engage in spontaneous discussion, collaborative problem solving, and idea generation around topics of interest to the innovator community. Products: • Venture Advisory Agreement Template (Draft/Final)
