As it enters its second year, the Unreasonable Institute remains committed to supporting entrepreneurs who are determined to do the “unreasonable” – taking on the task of changing the world.
The Unreasonable Institute was started by Daniel Epstein, Teju Ravilochan, Tyler Hartung and Vladimir Dubovsky, all in their twenties, who found inspiration in the George Bernard Shaw quote: “The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore all progress depends on the unreasonable man,” Inc. magazine reports.
Their goal is to provide a mentorship program for entrepreneurs who have a financially viable plan for a startup that will help at least one million people who are less fortunate. In its first year, the top 50 applicants are chosen to move to the fundraising phase of gaining admittance to the Institute. The first 20 who are able to raise the $10,000 it costs to attend are able to go. This year they will accept 25 applicants for a fee of $6,500, according to Entrepreneur magazine.
More than 69 percent of previous program participants have received financial backing for their company.
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