Smit Naik of Sorenson Impact Institute joined the pod last fall to talk about his previous work at Gary Community Ventures, where he served as its Director of Impact Investing. We talked about the importance of deploying the right capital, at the right time, for the right purpose; how philanthropies leave so much potential impact on the table; and why even investors should approach their work with human-centered design. Smit’s new title is Managing Director of Impact Investing at the Sorenson Impact Institute where he oversees their early-stage venture capital investment strategy.
Timestamps:
00:00 Bridging the Gap: Understanding Community Needs
01:06 Smitt Naik's Journey into Impact Investing
02:21 The Role of Listening in Impact Investing
04:46 Gary Community Ventures: A Theory of Change
09:00 Innovative Approaches to Community Investment
12:06 MySpark: Empowering Youth through Financial Choice
15:39 The Unique Approach of Gary Community Ventures
19:01 Innovating Foundations: Moving Wealth and Power
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