Lessons in philanthropy, investment and innovation: Rikers Island needed $10 million for a program to reduce the rate of teenage inmates returning to prison. With the innovative financing structure of the U.S.’ first social impact bond, New York, Goldman Sachs and Bloomberg Philanthropies leveraged private capital toward social solutions.
Case Foundation CEO and National Geographic Society Chairman Jean Case joins University of Virginia Darden School of Business Professor Mary Margaret Frank in a discussion about what it means for entrepreneurs to “be fearless” and how established companies and entrepreneurs alike should think about mitigating risk versus valuing risk.
In less than five years, Myanmar coffee went from a low-grade commodity to a high-value specialty sold for premium prices globally. Through training in farming, expertise and training itself — as well as attention to both the supply and demand sides of a market — Value Chains for Rural Development helped farmers and others across the value chain.
What is socially responsible investing? Is its increasing momentum sustainable? And are international commitments to ESG practices making an impact? Darden Professors Mary Margaret Frank and Pedro Matos discuss issues related to this popular phenomenon.
Legislation on “opportunity zones” is intended to encourage investment in economically distressed communities by providing significant tax incentives to investors. Professor Mary Margaret Frank and alumnus Ben Cullop (MBA ’11) explain how this new program works and what its repercussions may be.
The sourcing, manufacturing and logistics within corporate supply chains can benefit from partnerships with governments and nonprofit organizations. These joint endeavors support a range of social and business objectives by employing the expertise and assets of multiple sectors.
The Goldman Sachs 10,000 Women initiative was launched as a $100 million initiative to foster economic growth by providing female entrepreneurs with business education and access to capital.