New Richmond Ventures principal and Impact Makers Board member Bob Mooney organized a discussion panel on social impact companies and impact investing, held February 8th in Richmond for visiting MBA students from the College of William and Mary. The students are members of the Impact Investing Junto at the College’s Mason School of Business. Bob’s colleagues and principals Jim Ukrop and Matt Rho also helped to lead the dialog.
Panelists and topics included:
- Michael Pirron and Rodney Willett, Impact Makers “B Corps, Benefit Corporations, and the Global Impact Investing Ratings System”
- Sarah Williams, Virginia Community Capital “Impact Investing and Family Offices”
- Crystal Neal, C3 and the Greater Richmond Chamber of Commerce “Impact Investing and Richmond’s Innovation Industry”
- Marti Bellar and Melina Davis-Martin, PlanG “Case Study for Impact Investing”
- Spencer Williamson, IV, the CEO of Intelliject, also spoke with the students and shared his perspective on growing an innovative specialty pharmaceutical company in Richmond.
Impact investing is an investment strategy whereby an investor proactively seeks to place capital in businesses that can generate financial returns as well as an intentional social and or environmental goal. The William and Mary MBA students founded the Impact Investing Junto and leads its activities aimed at exploring impact investing through three lenses: private equity, finance, and foundations. To learn more about the William and Mary Impact Investing Junto, see their blog at http://impactinvesting.blogs.wm.edu/