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The Importance of Social Capital

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STARTING A NEW BUSINESS
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  • A diverse network of social capital can increase odds of starting an new business by over 400%. (Pew, 2008) 
  • As women increase their social capital, the gender gap in business sustainability decreases. (BCG, 2014)
  • 75% of start-ups secure financing through the "informal investing grapevine." (USSBA, 2016)
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CAREER DEVELOPMENT & GROWTH
 
  • ​As much as 70% of learning in the workplace takes place via informal interactions with colleagues. (Baker, 2000)
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GENDER PAY GAP
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  • Social capital can increase a person's income and the positive impact is the same for both men and women. (Matsunaga, 2015)
 
STUDENT SUCCESS
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  • Approximately 16 million youth, including nine million at-risk youth, will reach age 19 without ever having a mentor.
  • At-risk young adults with mentors are also more likely to be enrolled in college than those without a mentor (45 percent of all at-risk youth with a mentor are enrolled in some type of postsecondary education as opposed to 29 percent of at-risk youth who are enrolled but never had a mentor). (National Mentoring Partnership, 2014)
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HEALTH & WELL-BEING
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  • Robust social capital were less likely to contract the common cold. (Journal of the AMA, 1997)
  • Significant relationship between social capital and quality of life of persons with diabetes. (Journal of Diabetes Research, 2018)
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