MCN Update: 14 February 2017

Field Updates:

First, I want to take about Laureate Education. Unlike most of the companies we talk about, they’re not an MCN Alum. But last week, they became the first Public Benefit Corporation to complete an initial public offering. This is a momentous shift in the history of the public markets. The Mentor Capital Networks’ mission is to find and take amazing social enterprises to scale so that they can have a transformative impact on the world. Laureate’s IPO will serve as an example to all those who aspire towards mission AND margin.

MCN Updates:

The Mentor Capital Network is currently in the middle of a strategic planning process. For years, we’ve been collecting data on which of our programs are most effective, and now we’re going through that data in detail to build a better and more effective organization. We hope to present our new vision in the next few months, and will resume our Sustainable Business Plan Collaboration programming at that time. All announcements will be made via this newsletter, our facebook page, and our twitter account

In the meantime, we’re still quite busy.

Through our partnership with the School for International Training, we have three new research fellows from west Africa: Henry Tanjong (Cameroon), Saheed Ottun (Nigeria), and Fred Fundo (Liberia). I look forward to working with these gentlemen.

Last week we met with some of our peers in the incubator/accelerator field — leaders in Iraq, Palestine, and Kuwait. One of the great joys of being a truly international organization is creating peer-to-peer partnerships between individuals who wouldn’t have otherwise had the chance to meet. That is an important part of the network we are creating. 

Thank you all for the work you are doing.

Ian T. Fisk
Executive Director
The Mentor Capital Network
MCN Alumni in the News
LuminAID Lab, the Shark Tank Solar Entrepreneurs, with their Next “Bright Idea” Immersed Games making educating funRuna’s Indigenous Brew: An Amazonian Super-LeafSaathi makes sanitary pads easier on people and the planetMilkCrate goes Broadband with ComcastEsoko connects smallholder farmers to mobile money
Upcoming Application Deadlines for early-stage Social Entrepreneurs

Applications for Agora’s July 2017 Accelerator are currently open. Their current program includes #MCNAlum Eco Ola
The Vinetta Project $20K Venture Challenge supports high growth female entrepreneurs as they take their tech businesses to scale. Apply by February 13th.  
The Global Social Benefit Institute is accepting applications for its online program through February 17th. Their current program includes #MCNalum Tugende & Yellow Leaf Hammocks.

Ambassador Corps 2017 will send undergraduate students to Rwanda, Uganda, Ghana, Nepal, Bangladesh, Guatemala, Nicaragua, Peru, India, and Jordan for 8- to 10-week professional internships. Apply by March 1

The Tamer Fund for Social Ventures provides seed grants of up to $25,000 to nonprofit, for-profit, and hybrid early-stage social ventures led by Columbia University students or alumni. Apply by March 1st

The Points of Light Civic Accelerator supports early stage for-profit and nonprofit ventures with solutions that increase financial well-being and economic mobility for underserved populations. Apply by March 2nd

Climate Ventures 2.0, a global accelerator focused on Agriculture and Water Systems Resilience, is seeking applications for $250,000 of GoodCompany Ventures Impact Grants. Apply by March 15th

The Buckminster Fuller Challenge Prize is for innovators who are addressing the many crises facing humanity and the fundamental systems that support life on Earth. Apply by March 31st.
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The Mentor Capital Network is a trade name of the William James Foundation, a registered 501(c)3 organization. All donations are tax-deductible.
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