I missed this. The Central Office of Information news distribution service carries a story regarding Vince Cable’s announcement that he plans a 40,000-strong national network of volunteer business mentors.
The Business Secretary says: “The best people to advise new entrepreneurs and existing businesses are those who have already started and run successful companies. Mentoring is a very effective way of promoting start-ups, higher productivity and growth amongst established businesses, so I am delighted to announce this new network.”
While I acknowledge that there is an appetite amongst many entrepreneurs for less formal mentoring and peer support, this does not seem especially good news if you believe — as I do — that effective business support, especially for new-starts, is best delivered as a planned process of business development…
Read the full story here.