Thursday, April 27, 2006

A Timely Update From The Mountains For Miracles "Base Camp"

Since I published the article on Monday about Mountains for Miracles, there have been some dramatic new developments. I just heard from John Serafini some exciting news that I promised him I would share with readers of The White Rhino Report.

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We won the Harvard Business School’s Business Plan competition. Specifically, we won the “pilot/start-up” track of the social enterprise division. Essentially, our track was for non-profit, 501(c)(3) organizations that have already initiated operations.

In addition to receiving $10k of seed capital and an additional $10k of in-kind services (Deloitte & Foley Hoag), winning the competition brings a considerable amount of intrinsic validation to the Mountains for Miracles concept. Having the implicit approval of the Harvard Business School behind us should reduce risk in the eyes of potential corporate sponsors as well as open doors with HBS alumni.

Additionally, I am pleased to report that we have received our initial approval from the IRS for our 501(c)(3) status. With $75k raised to date in cash and in-kind services, I believe we are on the right path. However, any assistance from the readers of your blog in gaining introductions to likely corporate sponsors would be greatly appreciated.

Hope all is well!


PS- received a nice contribution from [several White Rhino Report readers]!

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As many of you are aware, the Harvard Business School Business Plan Competition is a prestige annual event that has helped to launch numerous successful companies. This is a tremendous boost to the Mountains for Miracles efforts. As you can see from John’s comments, several readers of this Blog have already used the Link to make a contribution to Mountains for Miracles. I encourage you to consider doing so (see The White Rhino's Favorites Links to the right), and also to make potential corporate sponsors aware of this worthwhile and innovative effort to eradicate cancer in children.


Al Chase

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