Georgetown University’s McDonough School of Business’ Global Social Enterprise Initiative announced a new grant from the Case Foundation to support a variety of impact investing initiatives. This bump in funding is part of a new relationship between the GSEI and the Case Foundation and Jean Case, CEO of the foundation, will be serving as Executive in Residence for the 2013-14 school year.
“Georgetown and the team at the Global Social Enterprise Initiative have a deep understanding of the significant opportunity represented in new companies that are focused on solving some of the world’s biggest challenges,” Case said. “As we look for opportunities to accelerate the growth of impact investing, GSEI is a perfect partner to help us develop a policy agenda that will help grow the space.”
The $100,000 grant supports new efforts to explore the opportunity to grow impact investing, or committing capital with the expectation of positive financial and social returns, in the United States. This also includes the collaboration with the Global Social Enterprise Initiative and the Case Foundation in its work with the US National Advisory Board to the Social Impact Investing Task Force established by the G8 to develop new policy making that might jolt the growth of impact investing.
This new collaboration is part of the Case Foundation’s work to engage investors to help impact investing reach the mainstream. The Case Foundation is working across sectors with partners to help bring well defined standards to this emerging space and to demonstrate the sheer number of impact investment options available for investors. Through its efforts, the foundation hopes to expand and accelerate the flow of capital into new companies aimed at advancing global human wellbeing.