Stanford Seed Transformation Aims to Accelerate New Economies
Stanford’s Graduate School of Business recently published an article on the impact of its Stanford Seed initiative, which aims to make Stanford “the leading research university for thinking about the challenges of poverty in the developing world” by addressing the physical and infrastructural issues that hamper economic development, as well as “cultural practices and entrenched psychological conditioning.”
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Loyola Quinlan Launching Incubator To Fight Chicago Poverty
In spring 2016, the Quinlan School of Business launched the Urban Social Benefit Incubator, which aims to connect social entrepreneurs and business leaders to create innovative solutions to help marginalized communities in the fight against poverty. According to statistics reported by Quinlan, 14 percent of Chicago metro residents live below the federal poverty line, which is currently defined as an income of $24,300 for a family of four. This is slightly above the U.S. national average of 13.5 percent, according to the U.S. Census Bureau. Continue reading…