Earlier today, OurCrowd announced a partnership with the Wharton Social Venture Fund and Locust Walk Impact Partners that will help Wharton students get an unparalleled experiential education in impact investing and bring leading impact investment opportunities to OurCrowd’s crowdfunding platform.
The Wharton Social Impact Initiative trains MBA and select Wharton undergraduates to staff the Wharton Social Venture Fund. Working with the firm Locust Walk Impact Partners, these students identify and negotiate terms for compelling impact investment opportunities throughout the world. Through the partnership with OurCrowd, capital for these investments will be raised through a special social impact channel on the OurCrowd platform. This makes Wharton’s offering the largest and most active student-run impact investing program in the world. Look for the first deals to launch on OurCrowd in the second quarter of this year.
“Crowdfunding is a perfect way to raise funds for impact investing” –
Jon Medved, OurCrowd Founder & CEO
OurCrowd has already invested in companies addressing critical global issues, such as physical disabilities, gun safety, food security, malaria containment, disaster preparedness, and more. CEO Jon Medved says “crowdfunding is a perfect way to raise funds for impact investing… by working together with Locust Walk and the Wharton Social Venture Fund, we will dramatically expand the impact investing ecosystem.” Wharton Social Impact Initiative Senior Director Jacob Gray adds that the partnership provides “unequalled access for impact investors,” while fulfilling Wharton’s focus on top educational opportunity for students.
Read the full press release here.