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Mentorbank: Money with Management
General Maintenance & Training received mentoring through SYIF Mentorbank
A unique feature of the way the Fund helped businesses was the Mentorbank service. This provided mentoring support to help management teams grow their business more profitably.
Mentorbank developed a database of more than 480 experienced business people drawn from across the UK and has placed over 250 mentors in businesses.
These mentors help in the short term to fill skill shortages and in the longer term, to develop strategic capability in senior management teams. They can provide a sounding board for managers considering their options and the consequences of business decision making.
A client had the opportunity to choose the right mentor for their business with the skills in marketing, sales or finance that they need to help their business grow.
Mentorbank added a whole new dimension to the companies in which SYIF invest and the scheme has proved to be very successful. Mentorbank was the largest mentor database in the region.
Other Help for Businesses
- Business Link Yorkshire - find a wealth of business advice at Business Link
- Connect Yorkshire - support for knowledge-based enterprises
- Pro Sheffield - business networking events for professionals
- Yorkshire Association of Business Angels - regional forum for business angels and entrepreneurs
If you have any questions or wish to talk to someone about making an application for finance
phone 0845 649 0000 or email firstname.lastname@example.org
- Mentor Registration Form (MS Word .doc 88KB)
If you would like to apply to Join Mentorbank as a Mentor or Non-Executive Director please complete and return this registration form.
- Mentorbank Quarterly Progress Report (MS Word .doc 83KB)
Quarterly progress reports are required from Fund clients from the commencement of a loan or investment from the Fund. Please download, complete and sign, obtain a signature from your mentor or NED, and attach copies of their invoices to make a claim for mentor fee subsidy and return.
- Mentorbank Baselining Proforma (MS Word .doc 80KB)
The Baselining Proforma must be completed, signed and returned to the Fund as close to the commencement of a loan or investment as possible. It should list all employees of the company, including executive directors, and provide home post-codes and information on ethnicity, gender and disability status. The information is used by our funders to set a baseline so that they can measure the positive benefits of their investment in creating the South Yorkshire Investment Fund.