Bain Capital Ventures – part of Boston-based Bain Capital, has launched the Bain Capital Ventures Innovation Center, which will help entrepreneurs network with each other and gain expert feedback as they work to start an LLC or other small business entity.
The network – modeled after Facebook and LinkedIn – will allow entrepreneurs and potential business partners to connect and share ideas. The center’s website also posts a list of upcoming events where entrepreneurs can meet in person.
If entrepreneurs are in the Boston area – where the company has its headquarters – they can even sign up to meet with one of the Bain’s experts every Friday afternoon after submitting their business idea online. Meetings will last approximately 15 to 20 minutes, and give entrepreneurs helpful ways to improve their business plans.
The New York Times reports that while the program is designed to help entrepreneurs refine their ideas, the company will also “keep its eye out for any possible investments.”
Officials with the Venture Capital Association told the paper that a few other VC firms, such as First Round Capital, have also held office hours, but that the company did not keep up with them on a regular basis.
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