Finimpact

Business Mentoring Organizations That Could Help

As a startup investor, you might find these business mentoring organizations helpful.

  • SCORE: SCORE partners with the U.S. Small Business Administration (SBA) to offer free confidential mentorship opportunities. There are hundreds of chapters across the country so you’re bound to find one near you. 
  • MBDA Business Centers: The Minority Business Development Agency (MBDA) may come in handy if you’re a minority individual or business owner. There are centers throughout the U.S.
  • Social Media:  You can use your own network on social media outlets like LinkedIn and Twitter to find startups and mentors who are willing to help you with investing. Don't be afraid to reach out to someone whose profile piques your interest. 
  • Women's Business Centers: There’s a network of over 100 Women’s Business Centers across the U.S. with a mission to support female entrepreneurs. The organization hosts conferences that can allow you to connect to startups and seasoned investors. 

Conclusion

Investing in startups can be a great way to grow your portfolio and support an idea you stand behind. However, you must understand the risks involved and practice patience along the way. Before you commit to a startup, do your due diligence. Make sure they have a passionate founder with the right experience and business model that appeals to a large audience.

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About the Author

Anna Baluch

Anna Baluch

Personal Finance Writer

Freelance copywriter who enjoys writing for large publications as well as startups, small to medium sized businesses.

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