Jacqueline Novogratz
Jacqueline Novogratz
Jacqueline Novogratz is an American entrepreneur and author. She is the founder and CEO of Acumen, a non-profit global venture capital fund whose goal is to use entrepreneurial approaches to address global poverty. Acumen has invested over $90 million of patient capital in 80 businesses that have impacted more than 125 million people in the past year. Any money returned to Acumen is reinvested in enterprises serving the poor. Currently, Acumen has offices in New York, Mumbai, Karachi, Nairobi, and...
NationalityAmerican
ProfessionBusinesswoman
CountryUnited States of America
Many business leaders are seeing the relationship between long term success and sustainability, and that's very heartening.
I studied international relations and economics at the University of Virginia. I paid my way by working as a bartender in the summer and at three part-time jobs during the year.
In India, we now see many highly qualified professionals ready to work in the rural hinterland and in their own towns and cities to tackle development issues directly without depending much on the government.
The poor don't live in functional market economies as the rest of us do, but in political economies where corruption and broken systems extend from local government to moneylenders.
Grief releases love and it also instills a profound sense of connection.
Standing with the poor means walking away from unethical leaders, even when their companies are 'succeeding.'
Despite the hundreds of non-governmental organizations and the continued outpouring of foreign aid, East Africa remains as a region overwhelmed by extreme poverty.
Acumen Fund is my prayer in response to genocide and what happened in Rwanda.
President Kennedy said that those who make peaceful revolution impossible make violent revolution inevitable. I would say that the converse is true.
Through the Fellows Program, Acumen Fund prepares future global leaders with the tools necessary to drive significant social change.
What farmers gain most of all from the increase in agricultural productivity, of course, is choice.
As both developed and developing nations search for alternative sources of energy in response to the growing energy crisis, we at Acumen Fund believe that investing in entrepreneurs who provide innovative energy solutions is an increasingly critical part of the solution.
Money earned by men would not always reach to their wives and children.
Philanthropy is no longer about writing a check for $10,000 to the opera.