My first 75 mentors

CULTURE & SOCIETY

by THE OLBIOS TEAM

Unreasonable Institute tries to get entrepreneurs what they need to scale solutions to the world’s biggest problems. They do this by identifying entrepreneurs with the potential to address problems like poverty, lack of education, and social injustice at scale, and then by swarming them with mentors, funders, and partners to help grow their impact. Their goal is to help each of these ventures scale up to meaningfully impact the lives of at least one million people each, essentially through two programs: 4-5 week Institutes and 5-day Labs. The Institute unites two dozen entrepreneurs to live under the same roof for four-five weeks in one house. There, they receive training from 40-75 mentors, ranging from the Chairman of the Board at Whole Foods, to the former head of user experience at Google X, to an entrepreneur who’s enabled over 20 million farmers to move out of poverty. In the process, they form relationships with 20-40 investment funds, and receive financial modeling support and legal advice. Participants in Institutes are also eligible to attend Unreasonable Investor Days, a twice a year event that allows them to connect with more than 100 prospective funders in person. So far, 116 companies from 45 countries have gone through Unreasonable’s three Institutes. Collectively, their products and services have reached more than 4.5 million people. 79% of them have have raised funds, totaling over $53.5 million. In 2015, they have launched such Labs in more than 10 locations around the world.

 

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