The Impact of Private Investment in Workforce Development

The practice of impact investing — also known as socially responsible investing – has been in place in the U.S. for decades, but more recently, a subset of that field has focused on improving economic mobility.  In this episode of WorkforceRx, Futuro Health CEO Van Ton-Quinlivan is joined by Tracy Palandjian, CEO of Social Finance, who is focused on reimagining the role of the capital markets in enabling economic progress. “Our societal challenges are so vast, they require more than what philanthropy and the government can give. So, increasingly, people are asking the question, “What is the role of investors in driving social change?” Tune in to learn about a new way to fund education and training called Career Impact Bonds, collaborations at the state level to support workforce development in key industries, and how these efforts are targeted at people who face significant barriers to workforce participation. This is a great opportunity to learn about innovative alternatives for funding a critical need as labor shortages continue to challenge the U.S. economy.

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