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
Sproxil will help combat the multi-billion dollar counterfeit drug market, empower customers, and give them the resources to make informed pharmaceutical purchasing decisions.
Malaria is a disease that kills one to three million people a year. 300 to 500 million cases are reported. It's estimated that Africa loses about 13 billion dollars a year to the disease. Five dollars can save a life. We can send people to the moon; we can see if there's life on Mars - why can't we get five-dollar nets to 500 million people?
On a macro level, four billion people on Earth make less than four dollars a day.
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.
We live in a world in which we're seeing an increasing gap between the haves and the have-nots.
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.
I would like philanthropists to take more risks and invest more in risk capital.
People across the world are yearning to be connected to stories of hope.
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.
Even when early innovations start to succeed, it is not uncommon to see growing businesses sabotaged for threatening the status quo.
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.