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Stern's Student Social Venture Fund Announces 2008 Grantees

Jenny Everett

Issue date: 5/12/08 Section: News
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The final four applicants all received site visits and were also invited to the class for an interview. Stern student Priya Pandya participated in the United Community Centers site visit. "A quick 45 minute subway ride out of Manhattan, East New York embodies hopeful development in its earliest stages. Stores and small businesses have emerged in the New Lots Avenue area. However the sub-prime mortgage crisis and current economic problems, have added another layer of challenge to this sometimes forgotten area. We felt that youth leadership could play a crucial role in this community and the UCC youth that we met shared this sentiment. They told us how much they enjoyed learning and having a job with UCC and that this motivated them to work in their community and help each other."

Along with the funds, the grantees will also receive hands on consulting next spring from the students who enroll in the 2009 class. The current cohort of students is also providing consulting services to the 2007 grant recipients. NYU Wagner Student Elizabeth Alter is working with Stickball Printmedia Arts. "Working with stickball was a great experience. Our team was really able to build on our skills to help the young organization build its capacity to serve students. While leveraging skills learned throughout my graduate experience, I also had the opportunity to learn from the other students on the team who all had such different backgrounds."

In addition to managing the grant-making process and providing consulting services for the class, the class is also actively engaged in raising funds for the 2009 class, which will matched by an alumni donor. If you are interested in more information on how to support the Student Social Venture Fund in the future, please send an email to ssvfnyu@gmail.com.

Launched in 2004, the SSVF is a grant-making entity managed by NYU graduate students from the business, law and public policy schools, and is the first student-managed fund of its kind at a U.S. business school. The Fund serves as a catalyst for social change by supporting organizations that are committed to improving the social and economic position of underserved communities in New York City. In addition to providing financial support, the Fund is highly engaged with its grantees through strategic, technical and managerial assistance to help maximize its social return.

For detailed information about the Student Social Venture Fund at NYU Stern School of Business, please visit our website at: www.stern.nyu.edu/ssvf.
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