No, it does not. Job creation is important, but your business idea must also improve your community in another way as well.
FREQUENTLY ASKED QUESTIONS
We want to improve the ecosystems around us. The environmental aspect of your business relates to the protection, preservation, management, or restoration of natural environments and the ecological inhabitants, especially when they are negatively affected by humans.
We ask you to include the careful utilization of a natural resource in your business idea. Your business can assist in the restoration and preservation of rivers, forests, and other natural resources in order to preserve and protect them. Your idea can also relate to humane animal husbandry and wildlife protection.
No. Investment money is not guaranteed. However, all selected entrepreneurs will receive business skills training and mentorship which can help them find their own investment money.
No. However, your company will be contracted to pay 10% of the company’s gross margin (your income minus your expenses) for 10 years if you are chosen to receive investment money. However, the specifics may change dependent upon the company and the individual.
Einstein Rising mentors work in every field including accounting, law, marketing, conservation, etc. You will likely have many mentors throughout your time with Einstein Rising. Some mentors are even graduated Einstein Rising entrepreneurs who have stayed on to help the next generation of entrepreneurs.
Throughout the development process you’ll be provided with relevant mentors when necessary. Your mentors will work as hard as you do and will meet you whenever needed.
We work at your pace. We understand that you have to work for a living and you might be busy, but it’s important to prioritize our program because it will help you in the long run. There is no deadline for completing our program. We work as hard as you do, but we will not carry you through the process.
We can help you navigate lending institutions. We can also give you access to a list of funders and investors.
We don’t discriminate against anyone, but we don’t approve applications from political or religious organizations. We only approve individual applicants with ideas that are not politically or religiously influenced.
You’ll hear back from us within 1 week. If you haven’t heard back from us, contact us directly.