Jacqueline Novogratz is the founder and CEO of Acumen Fund, a non-profit global venture fund that uses entrepreneurial approaches to solve the problems of poverty. Acumen Fund aims to create a world beyond poverty by investing in social enterprises, emerging leaders, and breakthrough ideas.
Under Jacqueline’s leadership, Acumen Fund has invested more than $75 million in 70 companies in South Asia and Africa, all focused on delivering affordable healthcare, water, housing and energy to the poor. These companies have created and supported more than 55,000 jobs, leveraged an additional $200 million, and brought basic services to tens of millions.
In December 2011, Acumen Fund and Jacqueline were on the cover of Forbes magazine as part of their feature on social innovation. Prior to Acumen Fund, Jacqueline founded and directed The Philanthropy Workshop and The Next Generation Leadership programs at the Rockefeller Foundation. She also founded Duterimbere, a micro-finance institution in Rwanda. She began her career in international banking with Chase Manhattan Bank.
Jacqueline currently sits on the advisory boards of MIT’s Legatum Center and the Harvard Business School Social Enterprise Initiative. She serves on the Aspen Institute Board of Trustees and the board of IDEO.org, and is a member of the Council on Foreign Relations and the World Economic Forum Global Agenda Council for Social Innovation. She was also appointed by Secretary Clinton to the Department of State’s Foreign Affairs Policy Board.
She has been featured in Foreign Policy’s list of Top 100 Global Thinkers and The Daily Beast’s 25 Smartest People of the Decade. Jacqueline is a frequent speaker at forums including the Clinton Global Initiative, TED, and the Aspen Ideas Festival. Her best-selling memoir The Blue Sweater: Bridging the Gap Between Rich and Poor in an Interconnected World chronicles her quest to understand poverty and challenges readers to grant dignity to the poor and to rethink their engagement with the world.
She has an MBA from Stanford and a BA in Economics/International Relations from the University of Virginia. She has received honorary doctorates from the University of Notre Dame, Wofford College, Gettysburg College, and Fordham University as well the Freedom From Want Award from the Roosevelt Institute in 2011.
For more information on Acumen Fund, please visit www.acumenfund.org.