Equity in Innovation—Why Diversity is Essential for Growth

The 2021 ASU+GSV Summit, which brings together stakeholders and leaders in education, is just weeks away. The Age of Digital Learning is previewing what to expect. Host Kevin Hogan had a great discussion with Tulaine Montgomery, Co-CEO of New Profit. New Profit is a venture philanthropy organization created by and for social entrepreneurs.

At this year’s event, Montgomery will receive the Innovator of Color award. Regarding the honor, Montgomery said, “It was a surprise to me. I’m joining a cohort I’ve long admired. It’s confirmation that we’re on to something.”

Next, Montgomery spoke about the work of New Profit. “We provide unrestricted funding and capacity support to social impact leaders. We were early investors and supporters of organizations like Teach for America and Girl Trek.”

In talking about the change in their approach during COVID, Montgomery shared, “We’ve accelerated the pace at which we made resources available to organizations and leaders. Partnering with groups like the Family Independent Initiative let us know the needs because of the relationships at the community level.”

“Proximity and relationships at the community level are critical to supporting and serving those that will benefit from the philanthropy.” – Tulaine Montgomery

New Profit was uniquely positioned to support communities, and Montgomery believes that’s because of proximity. “While there were well-intended funding initiatives from the government, many missed the market because of the lack of relationships at the community level.”

The pandemic has also created a shift in the relationship between social leaders and investors. “There was a broken loop in the space because the community, student, or entity that would benefit from the funding didn’t have any input. That’s changing some, and philanthropists are more accountable now to this.”

Watch Previous Episodes of The Age of Digital Learning!

Follow us on social media for the latest updates in B2B!

Twitter – @MarketScale
Facebook – facebook.com/marketscale
LinkedIn – linkedin.com/company/marketscale

Follow us on social media for the latest updates in B2B!


Adapting the SLR Magic of Anamorphic Filmmaking to the Panasonic Lumix Ecosystem Creates Endless Filmmaking Possibilities
March 24, 2023

The Panasonic Lumix System revolutionized independent filmmaking through the convergence of a handheld DSLR style body, larger than video camera sensors for a narrow depth of field, and the versatility and utility of interchangeable lenses.  By being mirrorless and with the use of adapters, a broad gamut of vintage and modern lenses became available for […]

Read More
gap between the real world and the metaverse
AV is Bridging the Gap Between the Real World and the Metaverse at Industry Conferences
March 24, 2023

How is AV helping bridge the gap between the real world and the metaverse? Some of the best examples can be seen in the midst of large-scale trade shows and industry events. For example, ETHDenver, an annual blockchain conference held in Denver, Colorado, hosts more than 20,000 technologists every year to innovate and develop […]

Read More
Why Authentic Content Should Be at the Forefront of Your Company’s Marketing Strategy
March 24, 2023

Media today is the most powerful it’s ever been, and with the introduction of new channels to consume it daily, the consumer can become easily overwhelmed with a plethora of choices. How does your channel stand out? Authentic media might be the clickbait. With the likes of TikTok, YouTube, and streaming services like Spotify, […]

Read More