MCN Update: 14 April 2017

Now, more than ever, the world needs successful social entrepreneurs — leaders who can show how and why taking care of our communities and our planet is achievable, important, and makes good business sense.

The Mentor Capital Network is meeting that need, both in the USA and around the world. Entrepreneurs from Managua to Merida to Mumbai to Morristown, NJ — who have great ideas, but don’t have the network to get those ideas in front of people who can help them scale. 

The MCN is that network. We are experts at identifying, supporting, and connecting the best ideas for a better world. The companies we support have created thousands of jobs and impacted millions of people by providing access to energy, clean water, fair trade, better health systems, sustainable agriculture, and other social and environmental benefits. 

Every dollar donated results in four dollars of direct value provided to our entrepreneurs. We’ve watched hundreds of our firms go from passionate people with ideas to fully structured companies going to scale. 

Now it’s time to add another firm to that list — the Mentor Capital Network itself. We’ve been listening to our community, and we’ve got some great new ideas for our 2017 program. But before we launch our work for this year, we need to raise $48,000. Half of that has been offered to us as a matching grant, provided raise the other half in individual donations from our community. 
Over the past few years, hundreds of our mentors and entrepreneurs like you have come together to provide a significant portion of our annual operating budget. 

Can we count on your support for 2017? 
Please donate via:  https://donatenow.networkforgood.org/WJFDonate 
or mail a check to:The Mentor Capital Network641 S Street, NW 3rd FloorWashington, DC 20001
With your support, MCN can achieve our mission: strengthen the social enterprise community, champion triple bottom line values, and leverage our mentor capital to forge new successes. 
Here is a sample of recent updates we’ve received from companies we’ve supported:Access Afya has signed on six factories, covering 1,400 workers, for on-site check-ups, screenings, testing, treatment and health talks.Back to the Roots has gone from Mushroom farmers to having 18 products, and have raised $10M Series A from Acre Venture Partners, and S2G Ventures and Red Sea Ventures.Bilikiss Adebiyi-Abiola, the CEO of WeCyclers is on basically every list of African women in tech, or entrepreneurs to watch.Bloc Power CEO, Donnel Baird, was selected by Crain for their 40 Under 40 Class of 2017.Exo, the cricket-bar company, raised $4mm last year.FREDsense were selected for 2017 Water Data Challenge.Gham Power is making it possible for communities out of national electricity grid in Khotang and Udaypur to avail both energy and telecom services.InVenture (now called Tala) raised a $30mm series B round.Jerry the Bear won the Diabetes Innovation Challenge People’s Choice Award.Kuli Kuli raised $4.25mm from Kellogg.Kulisha won the grand prize at the global Thought For Food Summit in Switzerland.LuminAID has been exploding since their Shark Tank episode, with sales up 300% and a co-founder on a Forbes 30 Under 30 list.Mozambikes closed their first external investment.One World Project donated 5,400 ultra-durable footballs to the Iraqi Football Association.Saathi, an Indian tampon company, won the grand prize for the Asia Social Innovation Award, and were finalists in the Tala Social Enterprise challenge.Sanivation co-Founder Emily Woods was chosen to be part of a Forbes 30Under30 list, and the company was chosen to represent Kenya for Chivas Regal’s The Venture competition.Sebastian Sajoux, Founder of Arqlite, is a Echoing Green fellowShetab Afghanistan, an incubator in Kabul, is up and running, working with six start-ups.UpTop Acres was featured in the Forbes 30 under 30 social entrepreneurs list.Viva Green Homes was as a National Finalist for Cleantech Open.
Thank you for the work that you do.

Sincerely,

Ian T. FiskThe Mentor Capital Networkhttp://www.mentorcapitalnet.org
The Mentor Capital Network‘s mission is to find the next generation of social entrepreneurs and help them realize their full impact in the world. Through our collaborative network of mentors, investors, and local accelerators, we identify the most promising and diverse early-stage social entrepreneurs within their communities, and support them with world-class business advice, networking, and access to markets and capital.