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
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?
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.
President Kennedy said that those who make peaceful revolution impossible make violent revolution inevitable. I would say that the converse is true.
Acumen Fund is my prayer in response to genocide and what happened in Rwanda.
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.
I'm feeling optimistic about rural Pakistan. Farmers are making good money.
As a 25-year-old banker, I decided to leave my career and change the world. This sounds like a move that a 25-year-old banker might make today - to escape the chaos.
Through the Fellows Program, Acumen Fund prepares future global leaders with the tools necessary to drive significant social change.
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.
Africans didn't want saving, thank you very much, least of all not by me.
Nothing important happens in life without a cost.
What is the cost of not daring? What is the cost of not trying?
Human beings tend not to spend money on health preventionally. We tend to spend it on top treatment.