Company: University of Michigan Ross Social Venture Fund
Description:Founded in September 2009 by a dedicated group of MBA students, the University of Michigan Ross Social Venture Fund (SVF) is a pioneering organization in the realm of venture capital and private equity. SVF is committed to investing in and nurturing innovative companies that prioritize social impact as a fundamental aspect of their business models. This fund serves as a catalyst for the growth of enterprises that tackle important societal challenges often overlooked by traditional markets.
As the first student-run social venture fund in the United States, the University of Michigan Ross Social Venture Fund offers a unique, action-based learning experience that emphasizes both the pursuit of financial returns and the integration of socially and environmentally responsible venture investing and entrepreneurship. This dual focus allows students to engage deeply with the complexities of creating a positive social change through business practices.
The SVF is an integral part of the Zell Lurie Institute for Entrepreneurial Studies, which is located at the Ross School of Business. By being housed within this esteemed institution, the fund benefits from a robust framework of resources and mentorship, enhancing its effectiveness in fostering meaningful business ventures that address critical societal needs. Through its efforts, the University of Michigan Ross Social Venture Fund not only advances the practice of socially-conscious investing but also influences the next generation of business leaders to prioritize social responsibility in their entrepreneurial endeavors.