Organizer: Growing the Impact Economy Summit
Date: 05.23.13, 03:30PM – 05.24.13, 05:00PM ET
Location:Harvard University, Cambridge, MA
Sponsor:Harvard Business School Social Enterprise Club, Harvard Kennedy School Social Enterprise Club, Harvard College Social Innovation Collaborative
A special leadership gathering of impact investors, government officials, social entrepreneurs, scholars, and economic developers to explore the role of for-benefit enterprise in accelerating job creation, promoting economic and community development, and enhancing regional competitiveness.
"I am pleased to see that such a diverse group of our nation's brightest minds will be meeting at Harvard to discuss innovative approaches to revitalizing our economy. It will take leadership from many sectors to continue to grow an economy that creates quality jobs, promotes shared prosperity, and builds strong, sustainable communities. These are issues I have worked on for years, and I look forward to the valuable ideas and recommendations that will be generated at the summit."
Larry H. Summers, Summit Advisory Council
President Emeritus, Harvard University; Director, Mossavar-Rahmani Center for Business & Government, Harvard Kennedy School; 71st U.S. Secretary of the Treasury
During this time of mounting fiscal challenges and a sluggish and fragile economic recovery, there is a growing sector of “hybrid” or “for-benefit” enterprises that can create quality jobs and promote economic growth, contribute to the tax base, drive new resources to the nonprofit sector, and tackle a wide range of social and environmental issues that would otherwise fall on the shoulders of government and nonprofits. These enterprises are drivers of an “impact economy”—one that promotes social, environmental, and economic value creation.
To grow the impact economy and effectively harness its potential, there is a need for a more coherent and comprehensive national approach to developing the for-benefit sector. Economic development policies and programs, which are currently focused primarily on growing for-profit firms, need to be expanded to also support for-benefit enterprise development.
This invitation-only summit will bring together a mix of perspectives and participants involved in developing and supporting for-benefit economic models. Delegates will engage in thoughtful, off-the-record discussions about advancing regional and national economic development strategies for accelerating the growth of the impact economy. This will be a participant-driven, outcome-oriented gathering intended to serve as a springboard for action. Informed by advance research, and supported by innovative session design and a team of expert facilitators and reporters, delegates will have the opportunity to develop roadmaps for action and find new possibilities for collaboration and partnership. $25,000 in seed grants will be awarded to the most promising initiatives that emerge from the gathering.
Visit the summit website for the most up-to-date agenda and list of speakers.
"This gathering is timely. Especially in the past few years, leaders of the millennial generation have been passing up more traditional careers to pursue socially responsible work. If we can combine this younger generation's propensity for service with our nation’s inherent entrepreneurial spirit, the results could be game changing. We need the brightest leaders across multiple sectors to come together to rethink our model for prosperity."
David Gergen, Summit Advisory Council
Professor of Public Service and Director of the Center for Public Leadership, Harvard Kennedy School; Senior Political Analyst, CNN
To optimize its impact, this Summit is designed to be an intimate, action-oriented leadership gathering of practitioners and thought leaders in the field. Participation is by invitation only. We have set aside a block of delegate slots for individuals who should be in the room but have not been identified by our process. Please share your wisdom with us by nominating sector leaders you believe would bring an important perspective to—and would benefit from—this gathering. Please feel free to self-nominate. Click here to nominate a delegate.
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