At COGNIS IT-ADVISORS we provide mentorship in order to improve the success rate of start-up enterprises. African Americans, more than any other group are in dire need of experienced mentors related to technology and entrepreneurship. Many are focused on capital raise and capital doesn’t come with instructions, so the need for good mentors who’ve been through similar experiences is needed.
It’s been revealed that startups with mentors are better prepared to raise capital and in fact raise 5-7 times more capital than those without. Mentors are influential in a company’s performance. The UPS Store franchise organization discovered that seventy percent of small businesses that receive mentoring persist more than five years, while those businesses without mentoring last approximately 2-3 years.
COGNIS IT-ADVISORS’ greatest advantage is its extensive network of subject matter experts in both technical and business disciplines; as well as, their decades of experience and ability to address intergenerational cultural concerns.
