MIT Solve’s Innovative Donor-Advised Venture Fund with Casey van der Stricht
Last year, MIT Solve launched Solve Innovation Future, a first-of-its-kind donor-advised venture fund. The philanthropic venture fund is structured as an evergreen vehicle where proceeds are paid forward into future social entrepreneurs. The evergreen nature allows the fund to provide appropriate forms of capital tailored to each entrepreneur's unique situation. Leading Solve Innovation Future is Casey van der Stricht. In this episode, Casey sits down with Alex to talk about how they landed on the unique fund structure, the innovative types of funding they are providing to entrepreneurs, and her advice for entrepreneurs looking to raise capital.