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Social Impact Investing

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public benefit". Such businesses openly track and measure social, environmental, and<br />

governance (ESG) considerations alongside their financial returns.<br />

The Office of <strong>Social</strong> Innovation has hosted large-scale meetings, including the White<br />

House Forum on <strong>Impact</strong> Economy executed in partnership with the Aspen Institute. It<br />

launched the National <strong>Impact</strong> Initiative, a new approach to coordinate federal policy on<br />

impact investing. This encompasses the work of multiple federal agencies focused on<br />

impact investing, including programs such as the SBIC <strong>Impact</strong> Fund launched by SBA;<br />

the Freshworks Fund created by the Treasury Department and US Department of<br />

Agriculture; the Accelerating Market Partnerships program of the US State Department;<br />

and the Global Development Innovation Ventures partnership managed by USAID.<br />

The Office has coordinated the US Government's participation in the US's G8 <strong>Social</strong><br />

<strong>Impact</strong> <strong>Investing</strong> Forum and the subsequent work of the <strong>Social</strong> <strong>Impact</strong> Investment Task<br />

Force chaired Ronald Cohen. The US representatives on the Task Force include Matt<br />

Bannick, CEO of the Omidyar Network and the Honorable Don Graves, Deputy<br />

Assistant Secretary of Treasury. The US Advisory Board to the Task Force includes a<br />

wide range of thought leaders and impact investors.<br />

Staff<br />

Special Assistant to the President and Director of SICP, Jonathan Greenblatt:<br />

Jonathan Greenblatt is Special Assistant to the President and Director of the Office of<br />

<strong>Social</strong> Innovation and Civic Participation. Greenblatt is a serial social entrepreneur who<br />

previously co-founded Ethos Water (sold to Starbucks); founded All for Good (acquired<br />

by Points of Light) served as CEO of GOOD Worldwide; taught at the Anderson School<br />

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