Publications
Publications
- March 2022 (Revised January 2023)
- HBS Case Collection
Clara Wu Tsai and Brooklyn Loan Innovation
Abstract
Philanthropist Clara Wu Tsai is committed to racial equity and investing in Brooklyn-based minority business owners. In the wake of the George Floyd murder, she decides to create a new initiative called the Social Justice Fund and commit an initial $50 million over 10 years to benefit the BIPOC (especially Black) community. Now she must determine how to deploy that capital and who to partner with in order to maximize impact.
Keywords
Minority-owned Businesses; Racial Equity; Entrepreneurship; Race; Values and Beliefs; Small Business; Partners and Partnerships; Social Issues; Investment; Corporate Social Responsibility and Impact; Decision Making; Brooklyn
Citation
Jones, Archie L., Jeffrey J. Bussgang, and Henry McGee. "Clara Wu Tsai and Brooklyn Loan Innovation." Harvard Business School Case 822-124, March 2022. (Revised January 2023.)