Sky's the Limit Analysis
Sky's the Limit is a nonprofit startup based in Oakland, CA, with a mission to empower underrepresented young entrepreneurs through free 1:1 mentorship, grants, and training. The organization aims to address the prevailing belief in entrepreneurship that values the business over the entrepreneur, resulting in the neglect of early-stage entrepreneurs who lack privilege. Sky's the Limit envisions a world where every entrepreneur, irrespective of background, has the opportunity to achieve their full potential.
The startup operates Skysthelimit.org (STL), a digital platform connecting aspiring, underrepresented entrepreneurs with experienced business advisors and mentors. With over 60,000 registered entrepreneurs and volunteers, the organization is rapidly expanding its reach across all 50 states. The platform offers tailored one-on-one support, entrepreneurship training resources, and startup grants funding to young entrepreneurs.
Notably, Sky's the Limit also licenses its entrepreneurship mentoring platform to nonprofits and organizations globally, enabling them to scale their business mentoring programs. With over 11 million young adults in the United States expressing a desire to start their own businesses but lacking resources, Sky's the Limit seeks to level the playing field and provide the necessary support for aspiring entrepreneurs.
With a founding year of 2014, the organization is addressing the crucial need for support and resources for underrepresented young entrepreneurs. By fostering meaningful relationships and providing tailored support, Sky’s the Limit aims to create a more inclusive entrepreneurial ecosystem.
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