Where Mission Drives Margin
The Mentor Capital Network
We connect mission-driven entrepreneurs with advisers, mentors, and investors to help them build companies that will be both socially, environmentally, *and* financially sustainable. We have worked with companies in more than 90 countries, across 14 of the UN Sustainable Development Goals. Below are three examples, and you can find a longer list here.
Wello empowers individuals to use the WaterWheel as an income-generating tool to lift their families out of poverty.
Cynthia Koenig, founder, says, “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.”
Wello is one of many companies that the MCN has worked with who are addressing Health, Water, and Gender issues.
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 companies the MCN has worked with that are dedicated to providing affordable and accessible Renewable Energy.
WholeForest partners with with forest communities in Ecuador to conserve threatened forests, implements sustainable forest management, designs and manufactures hardwood flooring and furniture in the community factory, and markets them to green construction projects in the US.
Peter Pinchot told us that “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.”
WholeForest is one of many companies that the MCN has worked with that is focused on Sustainable Forestry and Life on Land.