Benefits of Participating
- Mentoring relationships where you and the mentor choose each other
We customize a team of mentors to read your business plan and provide you their expertise and perspectives. As a mentor reads your plan, and provides you feedback, they can opt-in and provide you their contact information. Once you have their contact information, and their mentor feedback, you have the opportunity to reach out and continue to get advice, coaching or mentoring from these industry leaders. Our program is the tool we use to connect the right entrepreneurs to the right mentors.
- Support that doesn’t take you away from running your company
From the ground up, we are built to keep you doing what you love, and what you should be doing — running your company. We will bend ourselves around your schedule to make sure our help doesn’t come at the cost of your valuable time. This ranges from allowing you to submit applications from other programs to us (saving you paperwork) to your active involvement in choosing your mentors.
- A network of founders and peers solving similar problems
Both our mentors and our current and alumni entrepreneurs are all engaging in solving some of the world’s hardest problems. The MCN creates a platform for you to engage with them, founder-to-founder, to learn from and strengthen each other’s efforts.
- Investor connections. Participation in our programs also gives you an opportunity to be part of our Investor Fishbowl and Green Grab events where we put companies in front of accredited investors to pitch for professional debt or equity investment. Many of our mentors are investors, and use our program as a chance to review potential investments, as well as to use the feedback of the other mentors to help qualify their pipelines.
“For social enterprises that are in that early stage prior taking on investment, I really think that all [of those] companies should be involved with the [MCN] competition because it provides immediate feedback on your plan, even if you only get through the first round. The feedback helped build our team focus. It should be in the entrepreneur handbook – you’ve got to do [MCN].” ~ Tricia Compas-Markman, founder and CEO, Day One Response
“We’ve won now about 20 awards. 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. We just put together our business plan for this next fundraising round and I went back to all the judges’ comments to see whether or not we had addressed some of the issues that were raised there. That’s been really helpful for us, even two, three years after we won the award.”
~ Sameer Hajee, Founder and CEO of Nuru Energy
“The [MCN] feedback by far is the most comprehensive, detailed feedback we’ve had, and we have participated in a lot of competitions. And the fact that judges are willing to have you follow up with them is great.” ~ Salif Romano Niang, Co-Founder, Malô
“I think the feedback is AMAZING & really appreciate all the time you guys have put into giving us genuine & most importantly, actionable and constructive criticism.” ~ Alejandro Velez, Back to the Roots
“The amount of feedback we got on our business plan was pretty incredible – nearly 75 pages all told from expert judges. And winning the prize of co-working space at the Affinity Lab has been so valuable. I’m now surrounded by a great community here.” ~ Alex Budak, co-founder of StartSomeGood
“The feedback of this competition is what makes it so valuable, and I was also pleased that so many of the judges were willing to share their email addresses and receive more questions from us. The pitch sessions where the investors were critiquing the presentations were so interesting. I don’t know how I would have otherwise gotten an experience like that, just seeing how that all worked gave me a better idea that if I do want to present to investors, what exactly they’re thinking and what they’re looking for.” ~ Rachel Faller, Founder of Tonlé