Page 38 - Startup Playbook
P. 38
MENTORED
STARTUPS ARE 7 TIMES MORE LIKELY TO RAISE INVESTMENT
UPS study
70% of mentored businesses survive five years, twice the survival rate of non-mentored businesses, according to a study by UPS. Additionally, startups are seven times more likely to raise investment money and three-and-a-half times more likely to grow user numbers for their products and services if they have helpful mentors.