Entrepreneurship mentoring in higher education: how does the mentor benefit?

Walmsley, Andreas ORCID: https://orcid.org/0000-0002-2791-3315 and Nabi, Ghulam (2024) Entrepreneurship mentoring in higher education: how does the mentor benefit? Journal of Small Business and Enterprise Development. ISSN 1462-6004

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Abstract

Purpose The purpose of this paper is to identify entrepreneur mentor benefits and challenges as a result of entrepreneurship mentoring in higher education (HE). Design/methodology/approach An entrepreneurship mentoring scheme was developed at a UK university to support prospective student entrepreneurs, with mentors being entrepreneurs drawn from the local business community. A mentor-outcomes framework was developed and applied to guide semi-structured interviews. Findings Results supported the broader applicability of our framework, with a revised framework developed to better represent the entrepreneur mentor context. Alongside psychosocial and personal developmental outcomes, mentors benefitted from entrepreneurial learning, renewed commitment to their own ventures and the development of additional skills sets. Enhanced business performance also manifested itself for some mentors. A range of challenges are presented, some generic to the entrepreneur setting and others more specific to the higher education (HE) setting. Research limitations/implications The framework offered serves as a starting point for further researchers to explore and refine the outcomes of entrepreneur mentoring. Practical implications The findings serve to support those considering developing a mentor programme or including mentoring as part of a formal entrepreneurship education offer, specifically in a university setting but also beyond. Originality/value The vast majority of entrepreneurship mentoring studies focus on the benefits to the mentee. By focusing on benefits and challenges for the entrepreneur mentor, this study extends our knowledge of the benefit of entrepreneurship mentoring. It offers an empirically derived entrepreneur mentor outcomes framework, as well as offering insights into challenges for the entrepreneur mentor within an HE setting.