[WEBINAR] Yale SOM Exchange | Regenerative Finance: A Path to Economic Justice
The COVID-19 crisis and George Floyd tragedy have increased awareness of the urgency for health equity, racial equity, and economic resiliency. Can channeling capital to invest in local communities help? Once the exclusive realm of the super-affluent, regulatory changes and new financial tools have opened opportunities for investors of any wealth status to align their money with their values. Now, more than ever, communities and individuals need to recognize their power to make significant change toward social and economic justice.
In this online event Anna Blanding ’09, Director of Impact Investments at ConnCAT, Janice Shade ’94, author of Moving Mountains: The Power of Main Street Americans to Change Our Economy, and Michael Shuman, Director of Local Economy Programs for Neighborhood Associates Corporation will discuss the growing variety of impact investment opportunities, including crowdfunding, investment clubs, and community investment funds. They will provide guidance on how to integrate direct local investments into your portfolio, including new ways to use retirement accounts. This conversation will be moderated by Teresa Chahine, Sheila and Ron ’92 B.A. Marcelo Senior Lecturer in Social Entrepreneurship at the Yale School of Management.
When: June 29, 2020 | 12:00-1:00pm ET
Anna Blanding '09
Chief Investment Officer
ConnCAT & ConnCORP
Anna Blanding is Chief Investment Officer at ConnCAT & ConnCORP, a New Haven based community development organization and leads their impact investing strategy. ConnCAT's mission is to change lives through workforce development. In 2017, ConnCAT formed ConnCORP to invest in and revitalize the Newhallville and Dixwell community. Anna is passionate about impact capital and uses her background in policy, philanthropy, and endowment management to create strong partnerships. Prior to ConnCAT, Anna was Deputy CIO at Choate Rosemary Hall, where she worked across all asset classes. Prior to Choate, Anna was a Senior Investment Associate at the Annie E. Casey Foundation, a $4B foundation where she focused on Private Capital. Anna is a trustee and investment committee member of The William Casper Graustein Memorial Fund. She serves on the executive committee of Capital for Change, a CT based Community Development Financial Institution that invests in affordable housing, businesses, and nonprofits in New England. She is also a Director of The Angelman Syndrome Foundation, a cause close to her heart. Anna is Yale ’03 and SOM ’09.
Sheila and Ron ‘92 BA Marcelo Lecturer in Social Entrepreneurship
Yale School of Management
Teresa Chahine is the inaugural Sheila and Ron ’92 B.A. Marcelo Lecturer in Social Entrepreneurship. She is the author of "Introduction to Social Entrepreneurship," a twelve step framework for building impactful ventures in new and existing organizations. Dr. Chahine's research focuses on developing tools to characterize and advance social and environmental determinants of health. She launched the first social entrepreneurship program in the context of public health, at Harvard University. She was also responsible for launching the first venture philanthropy organization in her home country of Lebanon, providing tailored financing and critical management support to social enterprises serving marginalized populations through education and job creation for youth and women.
Michael H. Shuman
Director of Local Economy Programs
Neighborhood Associates Corporation
Michael H. Shuman is an economist, attorney, author, and entrepreneur, and a leading visionary on community economics. He’s Director of Local Economy Programs for Neighborhood Associates Corporation, and an Adjunct Professor at Bard Business School in New York City. He is also a Senior Researcher for Council Fire and Local Analytics, where he performed economic-development analyses for states, local governments, and businesses around North America. He is credited with being one of the architects of the 2012 JOBS Act and dozens of state laws overhauling securities regulation of crowdfunding. He has authored, coauthored, or edited ten books. His two most recent books are Put Your Money Where Your Life Is: How to Invest Locally Using Solo 401ks and Self-Directed IRAs and The Local Economy Solution: How Innovative, Self-Financing Pollinator Enterprises Can Grow Jobs and Prosperity and Local Dollars, Local Sense: How to Shift Your Money from Wall Street to Main Street. One of his previous books, The Small Mart Revolution: How Local Businesses Are Beating the Global Competition (Berrett-Koehler, 2006), received a bronze prize from the Independent Publishers Association for best business book of 2006. A prolific speaker, Shuman has given an average of more than one invited talk per week, mostly to local governments and universities, for the past 30 years in nearly every U.S. state and more than a dozen countries.
Janice Shade '94
The Initative for Local Capital
Janice Shade (SOM ’94) is an entrepreneur, financial innovator, and author with 30 years’ experience building brands, businesses, and movements. After an early career in brand management at Procter & Gamble, Welch’s, and Seventh Generation, she set out in 2006 to explore new models for conscious commerce and community capital. With TrueBody Products, her first for profit venture, she pioneered crowdfunding techniques to raise capital in an era before Kickstarter or the JOBS Act. This experience led to the creation of Milk Money in 2015, one of the first “invest local” crowdfunding platforms in the U.S. Her most recent venture is the Initiative for Local Capital, a non-profit innovation lab and investor education resource that promotes democratic access to capital and economic justice for all. Her entrepreneurial and capital-raising experiences are the basis of her latest book, Moving Mountains: The Power of Main Street Americans to Change Our Economy, where she explores the impact of traditional capital markets on social entrepreneurism and provides a vision for how citizen investors can be a positive force for change in their communities. Janice is an avid skier and hiker, science fiction enthusiast, and devoted soccer/ballet mom. She lives in Jericho, VT, with her husband, two daughters, and dog.