Fifteen years ago, Jacqueline Novogratz founded Acumen with a mission to change the way the world tackles poverty. Few had heard of “patient capital” and “impact investing.” We set out to challenge the status quo and create a new kind of institution, one that would bridge the gap between the social impact of pure philanthropy and the efficiency and scale of market-based approaches. Today, more than 200 million people have been impacted by Acumen’s work. This is our story.
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