News, ideas, research & resources, in social entrepreneurship and philanthropy
📢 News
How will business - and social business - change after the pandemic? Stephan Chambers, Marshall Institute Director, believes the crisis will have a lasting impact. "There will be no such thing in the next 20 years of just doing what we used to do, the stakes are too high," Chambers argued in a recent Marshall Institute webinar. "We have to take the damaged institutions, repair them and then rebuild."
Research revealing widespread racial inequity in philanthropic funding has led to calls for the sector to #buildbackbetter after the crisis - to close the racial funding gap. Impact investing must also take the opportunity to reform, argues Aunnie Patton Power, a Marshall Institute Visiting Fellow. Patton Power recommends 10 ways to redesign venture finance for a more inclusive post-Covid world. Changes in investor behaviour have already been noted, and linked to the crisis: asurvey of UK wealth managers found that most of those polled believe the pandemic will result in increased ESG investing.
Many Girls Won't Go Back to School When Lockdown is Over The pandemic could threaten decades of progress for gender equality and girls' education, according to experts, including Safeena Husain, founder of social enterprise, Educate Girls, and LSE Marshall Institute alumna | Devex (3 min)
The Non-Profit World Responds to the Death of George Floyd Reflections from US non-profit organisations including Smithsonian Institution, National Council of Non-profits and Edgar Villanueva, author of Decolonizing Wealth | Chronicle of Philanthropy (7 min)
Brands Have Nothing Real to Say About Racism American brands have rushed to show where they stand, but it’s still uncertain what they intend to offer—what they can offer—beyond greater awareness of their existence and a vague sense of virtue | The Atlantic (6 min)
ESG Passes the Covid Challenge Investment with a sustainable focus is only likely to grow, wealth managers believe | Financial Times (3 min)
The Axe Files with David Axelrod, CNN
Bryan Stevenson, civil rights activist, lawyer and founder of the Equal Justice Initiative. Stevenson, whose work featured in the 2019 film, Just Mercy, discusses his experience growing up in a segregated county | CNN (60 min)
Bridges to the Future- Responses to Covid-19
Matthew Taylor, chief executive of the RSA (Royal Society for the encouragement of Arts, Manufactures and Commerce), speaks to experts and thinkers to assess the wide-reaching effects of the Coronavirus pandemic | RSA (30 min/episode)
CEOs taking action: UN Global Compact The UN Global Compact invited CEOs from its community of 10,000 businesses to record videos sharing how their companies have responded to Covid-19. CEOs, including from France, UK, Bangladesh, Japan, Kenya and India, responded | UN (5 min/video)
10 June: Good Economics for Hard Times
STICERD Morishima Lecture with Professor Abhijit Banerjee and Professor Esther Duflo, both of MIT and joint awardees of the 2019 Nobel Prize in Economic Sciences
12 June: Nudgestock Goes Virtual
Hosted by Ogilvy Consulting UK, this year's Nudgestock Festival - 'where creativity and behavioral science intersect' - is online. Speakers include Dan Ariely, Dr. Chiara Varazzani & Cass Sunstein
15-16 June: Virtual Leaders Summit, UN Global Compact
The 20th Leaders Summit will virtually convene leading voices from business, government, the United Nations, civil society and academia to discuss how to rebuild more inclusive economies and societies after covid-19
7 July: Impact Revolution Sir Ronald Cohen, Chairman of the Global Steering Group for Impact Investment and The Portland Trust, in conversation with the Marshall Institute. 3.30pm online. Save the date.
Philanthropy: a Crucial Actor in Global Mental Health New LSE study by Valentina Iemmi presents novel analyses of philanthropic contributions for mental health in 156 low and middle-income countries between 2000 and 2015. It identifies challenges and opportunities for increasing their impact for sustainable financing for mental health
How incubators can facilitate serendipity for nascent entrepreneurs How can support organisations, such as incubators, facilitate networks and resources for entrepreneurs? Study examines how a Kenyan incubator facilitated a conducive environment for entrepreneurs that allowed for cultivating serendipity. Christian Busch and Harry Barkema.
Siran Cao, a 2020 Marshall Institute alumna, recently launched Hey Mirza, a social enterprise working to close the gender pay gap. Her blog, An Inclusive Post-Covid World, explains Hey Mirza's mission.
💸 Resources...
>Coronavirus and the Economy
Joint initiative by the economics research community, including UCL, LSE, Institute of Fiscal Studies and others, to answer questions from policy makers and the public about the economic impact of the crisis.
1. The School for Social Entrepreneurs Fellowship Programme is now accepting registrations of interest for the 2021 programme. The Fellowship consists of 20 days of coaching in London, held over 9 months. Cost: £450 for employed, or, by contribution for unemployed/part-time
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