The Marshall Impact Accelerator will provide a brand-new platform for the world’s most promising social ventures, scaling them to help us tackle global challenges in areas such as health, the environment, social inequality, public policy and developmental economics.
As a result of Sir Paul Marshall’s generous donation of £50 million to the LSE, the Marshall Impact Accelerator will provide key grant-making services and resources for the social sector that have long only been available to commercial firms and for-profit investors.
Bringing together LSE’s world-leading research expertise and the Marshall Institute’s existing government and policy networks, the accelerator aims to create a philanthropic cooperative that brings together capital, expertise and passion for change in one place.
On 1st March 2022, the Institute announced the appointment of Leslie Labruto as director of the Accelerator. As new director, Labruto’s first priorities will be to explore and develop the Impact Accelerator’s strategy before it operationalises later this year.
Leslie Labruto said:
“Given the state of the world, now is the moment to accelerate new social ventures with world-class leaders who are reinventing systems So far, the investment sector has rallied behind start-ups but we’ve not had the same mechanisms for social ventures. I’m excited to lead the Marshall Impact Accelerator and break new ground in this space by providing not only catalytic capital to social ventures but also access to policy-makers to drive systems change.
“It’s important we take the time to get it right; social entrepreneurs with radical innovations and interventions need a partner to take a bet on them and help accelerate growth. Having that seed-stage funding for new ideas and business models, coupled with access to policy-makers and researchers, is needed more than ever. This is a rare and exciting opportunity to bring people together, solve problems, and make a real change.”L
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