Social Finance

Today at the Vatican Climate Summit, the Office of Massachusetts Governor Maura Healey announced the launch of the Climate Careers Fund, a cross-sector collaboration designed to fill the Commonwealth’s climate workforce gaps, increase economic mobility, and support a diverse clean energy workforce. We're excited to be co-leading the design of the Fund in partnership with the Massachusetts Clean Energy Center, Massachusetts Executive Office of Economic Development (EOED), Massachusetts Executive Office of Education, The Massachusetts Executive Office of Labor and Workforce Development (EOLWD), Massachusetts Executive Office of Energy and Environmental Affairs, and Commonwealth Corporation. Learn more in the press release from the Governor’s office: https://lnkd.in/eQ9BCdg9 #talentfinance #climatecareers #workforcedevelopment

Launched in partnership with TheDream.US, the Dreamers Graduate Loan Program levels the playing field for DACA and TPS graduate students looking to finance professional degrees. Hear Don Graham, co-founder of TheDream.US and Chairman Emeritus of Graham Holdings Company, talk about the Program during the launch of the Social Finance Institute this past April: https://lnkd.in/ewK2zq5V Want to learn more about the Dreamers Graduate Loan Program? Reach out to our Director, Impact Investments Ayush Mansingh. #SocialFinanceInstitute #dreamers #impactinvesting

ICYMI: Last week, the MA Governor's Office awarded $3.4M to Franklin Cummings Tech , Holyoke Community College, and Roxbury Community College to help these institutions prepare students for careers in clean energy. The awardees will have the opportunity to collaborate with the Massachusetts Clean Energy Center and Social Finance as part of the Climate Careers Fund. Learn more: https://lnkd.in/eEddj_bE #cleanenergyjobs #climatecareersfund #crossector

Are you in D.C. for the APHSA -- American Public Human Services Association National Human Services Summit? Join our advisory team members Ryan Erickson, Ryan Hoecker, Zoe Burhop, and Amber Ivey (AI), MPA, JD for a session on using participant experiencing maps to drive program and policy recommendations. Patara Horn and Anna Sainsbury from the Wisconsin Department of Children and Families will also be participating in the session. Happening TODAY, 6/10, from 1:30-2:45. #PublicSector #CommunityVoice #TANF

Across the U.S., talented young people eager to pursue professional degrees in in-demand fields—including medicine, business, and law—are unable to access federal graduate loans because of their immigration status. The Dreamers Graduate Loan Program, a first-of-its-kind impact investment fund, aims to address this gap. Join us and TheDream.US for a webinar on June 13th to learn how the program works and how you can get involved. Register here: https://lnkd.in/eqaybR7T Note: This webinar is designed for potential funding partners and investors who are interested in learning more about the program. #ImpactInvesting #Dreamers #HigherEd

Last month, Social Finance received grants from Ascendium Education Group and Truist Foundation to develop and launch innovative #workforce programs to advance #economicmobility across the U.S. One initiative will center on workforce and economic development programs in rural communities, and another will explore pre-apprenticeship programs, which help people enter into formal, often union-affiliated apprenticeships. Learn more or reach out: https://bit.ly/4bSGC0Q

Earlier this week, the State University of New York Maritime College announced its plan to partner with us on a Pay It Forward Fund. This partnership will offer financial assistance and supportive services to students participating in the campus’s Summer Sea Term—a requirement for U.S. Coast Guard licenses that costs about $30,000 per student after financial aid. We look forward to working with SUNY Maritime to address this financial barrier for students, allowing the school to attract more cadets from low-income backgrounds and prepare them for in-demand maritime careers. Learn more: https://lnkd.in/en7MczHv #PayItForward #TalentFinance #MaritimeTraining

Today and tomorrow: Look for our team at the NYU Law Grunin Center for Law and Social Entrepreneurship's 2024 Annual Conference on Legal Issues in Social Entrepreneurship and Impact Investing! ⭐ Vice President & Deputy General Counsel Leslie Cornell, one of three conference co-chairs, will be giving opening remarks and speaking on a panel about "Navigating Incentives in Impact Deals." ⭐ Vice President, Impact Advisory Amber Ivey (AI), MPA, JD will be speaking on a panel about responsible AI use. ⭐Senior Assistant General Counsel Michele Joo Shank, member of the event's organizing committee, helped organize panels under the theme, "Charting the Course: Navigating the Future of Impact Investing." ⭐ Associate Director & Staff Attorney Josh Nathan, member of the event's inaugural Innovation Team, launched the "Hall Of Impact" showcasing 20+ innovative finance transactions. Navjeet Bal, Ivy Brewer, MPA, MBA, JD, Chiara Apici, and Jakeila Spruill will also be in attendance. Be sure to say hello! P.S: Interested in joining our incredible legal team? We're hiring: https://lnkd.in/etep6hXj

Social Finance has received grants from Ascendium Education Group and Truist Foundation to develop and launch innovative workforce programs to advance economic mobility in communities across the U.S. One initiative will focus on workforce and economic development programs in rural communities. Another will explore pre-apprenticeship programs, which help people enter into formal and often union-affiliated apprenticeships. Learn more in our press release: https://lnkd.in/dTrQx6D3 #TruistFoundation #AscendiumEP #EconomicMobility

Denver-based trade school The Master's Apprentice Program has joined our Colorado Pay It Forward Fund! Through this partnership, The Master’s Apprentice students can now access zero-interest loans to help them pay for living expenses as they complete the program’s hands-on, six-week training in electrical, carpentry, HVAC, or plumbing. From Eden, recent graduate and loan recipient: “Enrolling in The Master’s Apprentice was the best thing I could have done. It not only gave me the skills I needed to start a new career, but it provided me with a loan that allowed me to focus on my training without worrying about how I would pay my rent. Now, I have a job that I’m passionate about. I’m not just making ends meet, I’m building a future for myself and my daughters." Learn more: https://lnkd.in/eE_yFf43 The CO Pay It Forward Fund is supported by Colorado Gives Foundation, The Colorado Health Foundation, Gary Community Ventures, Walton Family Foundation, and other local donors. Loans are originated by Ascent. #PayItForward #workforcedevelopment #Colorado