April 2020

Jupiter Business Mentors partners with in5 to help start-up entrepreneurs with speed mentoring sessions Expert advice from knowledgeable industry leaders can help start-ups change their business trajectory

Jupiter Business Mentors partners with in5 to help start-up entrepreneurs with speed mentoring sessions

19 April 2020, Dubai, UAE – Jupiter Business Mentors (JBM), a home-grown UAE based mentorship platform has announced its partnership with in5, an enabling platform for entrepreneurs and startups fostering innovation, to support with the right mentoring to help them avoid mistakes and overcome difficulties setting up and growing their businesses.

The outbreak of coronavirus has had a detrimental effect on many start-ups, small and medium-sized businesses (SMEs), leading to a bleak outlook and a domino effect in the upcoming months.

A recent poll revealed that one in five business owners believe climate change and natural disasters pose a threat to their business, but sadly a staggering 77% of them do not have a natural disaster plan in place. The ripple effect of this could mean that as many as 40% of small businesses will never reopen their doors following major natural disasters such as this.

Experienced mentors are known to be the secret weapons of successful start-ups. The partnership with in5 startup incubator aims to help these business owners with access to experienced executives and industry experts from various areas of business to address specific issues faced by them in running their operations or to help them transform their processes to serve the current customers’ needs better.

The strategic partnership valid until the end of May 2020 between the two entities aimed at supporting the entrepreneurial ecosystem and allows business owners to book 6 free mentoring sessions of 15 minutes each with 6 different mentors or 3 free sessions of 30 minutes each with 3 different mentors of their choice to get practical and confidential business advice on matters related to new business setup, new venture opportunities, strategy development, legal advisory, financial consulting and data analysis, market intelligence and regulatory compliance, HR, marketing and sales strategies amongst many others. In addition, in5 members will also receive a 10% discount on all services offered by JBM through its platform. The mentors on the platform have immense entrepreneurial business experience and are equipped to understand the nuances of a pre-startup, a startup or a matured business.

Commenting on the partnership, Renuka Gunjahalli, Founder, Jupiter Business Mentors, said “We are happy to partner with in5 with an aim to enhance the entrepreneurial journey of many business owners during this time. Business mentorship will allow these individuals to understand the potential roadblocks and find practical solutions to complex business challenges for business continuation.”

Due to the outbreak of COVID-19 and the measure of social distancing it has spawned, JBM acts as the only platform in the UAE and Middle East region fully integrated with the voice, video and live-chat options, making it easier, faster, and cost-effective for entrepreneurs to connect with experts in real-time through the online platform instead of deferring or delaying their problems.

During the course of this partnership, JBM will also conduct informative educational webinars on various topics such as addressing crisis intervention, business continuity planning, risk management, data privacy, crisis communications and more.

Mentees looking forward to avail the free sessions can download the mobile app available on both IOS and Google Play and book the service they require. To learn more about Jupiter Business Mentors platform, visit https://jbm4u.com/#/home

About Jupiter Business Mentors (JBM):

Jupiter Business Mentors (JBM), a new mentorship-based platform dedicated to fostering the start-up community and small & medium-sized businesses (SMBs) aimed at supporting young and aspiring as well as established entrepreneurs in the UAE and across the Middle East region. The JBM platform bridges the gaps to traditional consulting, previously restricted to a location or area, and specialization, allowing an entrepreneur to reach out to experts of all kinds under a single platform. The platform provides mentees with a range of support services to innovate their business, improve competitiveness and boost growth. Services offered include peer-learning, personal development, one-to-one mentoring, and motivation sessions by successful entrepreneurial role models.

About in5

in5 is an enabling platform for entrepreneurs and startups that develops aspiring talent, nurtures a community of entrepreneurs, and helps startups grow. Launched by TECOM Group to foster innovation and entrepreneurship in Dubai and the wider region, in5 is a startup incubator operating across three industry verticals: tech, media and design. in5 facilitates the process of starting and growing a new venture by providing business set up, creative workspace, mentorship, workshops and events, as well as access to investors. For more information, please visit: www.infive.ae

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