Mentorship in the social impact world has a diversity problem, say new founders

Author Nickie Shobeiry
And founders need for more and better mentorship overall, too

Why It Matters

In Canada, only 50 percent of businesses make it past five years. With mentorship, that number can jump to 70 percent. Despite such evidence, there still arenโ€™t enough mentorship opportunities for social impact founders in Canada. What needs to change?

var TRINITY_TTS_WP_CONFIG = {"cleanText":"Mentorship in the social impact world has a diversity problem, say new founders. For any founder, having a mentor is a key factor in success: someone who provides expert feedback, critical advice, a larger network, and connections to funding opportunities. This holds just as true for social impact founders \u2014 the ones pushing to create a better world.\u00a0 90 percent of startups fail , and that includes social enterprises. But for founders who had mentors? That five-year survival rate can bump up to 70 percent. There\u2019s a clear need for mentorship. Despite this, when Future of Good asked the members of our 21 New Founders to Watch list if they thought there were enough mentorship opportunities for founders of social impact organizations, the ma

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