Where Mission Drives Margin
The Mentor Capital Network
“When we entered the mentoring program, we had not raised any investment, despite working flat out since 2013 with bilateral and multilateral funds, social impact funds, and private investors…. In 2017, I took our Mentor Capital Network vetted business plan to our donor, and against his initial refusals eventually got him to start investing in our new business line, as a way to expand our conservation impact. Without the guidance and mentoring on our business model and plan, I would not have been able to achieve the subsequent $1 million to build our plant and launch the new business.” — Peter Pinchot, WholeForest
Wello empowers individuals to use the WaterWheel as an income-generating tool to lift their families out of poverty.
Cynthia Koenig, founder, recalls “The feedback I received from [The MCN] was far and away the most comprehensive, detailed and useful feedback I’ve received. In fact, years later, I still refer back to my feedback forms! I’m still in touch with a few of my judges, who continue to provide advice, feedback, and support.”
Nuru Energy sells a portable, rechargeable LED task light through microfranchise businesses.
Sameer Hajee, founder and CEO, recalls “We’ve won now about 20 awards. Many of them came after the [MCN] award. The [MCN] was one of the first awards we won that helped us initially prove our concept. But of all those 20 awards, the [MCN] was the only one where we actually had access to a lot of the feedback from the judges and it was fantastic in helping us to adapt the model….That’s been really helpful for us, even two, three years after we won the award.”
Nuru is one of many Renewable Energy companies the MCN has worked with.
Soupergirl serves fresh, homemade soup made with ingredients from small local farms that practice sustainable farming methods in Washington, DC.
Sara Polon, founder, recalls “I started Soupergirl with a very extensive to-do list that was unfinished for years. [The MCN] forced me to finish a business plan, and run the financials completely for Soupergirl. The feedback was fantastic, and helped reveal where I could save money, and where I had growth potential.”