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
President Kennedy said that those who make peaceful revolution impossible make violent revolution inevitable. I would say that the converse is true.
When Jeff Sachs says every poor person should receive a free bed net, I agree - but in reality, many end up not receiving one. And I don't live in a world of shoulds.
Even when early innovations start to succeed, it is not uncommon to see growing businesses sabotaged for threatening the status quo.
I've been working on issues of poverty for more than 20 years, and so it's ironic that the problem that and question that I most grapple with is how you actually define poverty. What does it mean?
Not surprisingly, most people feel most beautiful when they are involved in an act of service, or are doing something that makes them feel generous, connected, or seen by others.
We live in a world in which we're seeing an increasing gap between the haves and the have-nots.
Where micro-finance focuses on small loans to individual, low-income women, think of Acumen Fund more like a venture capital fund.
Wealth today has been created by a world view dominated by fast-moving networks, open information, bottom-up entrepreneurialism.
There's a real moral imperative in being an organization that takes the time to sit and listen to the customers and the people they're serving.
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.
People across the world are yearning to be connected to stories of hope.
Rockefeller viewed his philanthropy through the lens of his business, and it really mirrored the Industrial Revolution. It was highly centralized, it was top down, it was based on experts, and it was big-picture.
Sproxil will help combat the multi-billion dollar counterfeit drug market, empower customers, and give them the resources to make informed pharmaceutical purchasing decisions.
By helping a woman, you help a family.