How New Profit is Using Venture Philanthropy to Upskill Low-Income and Entry-Level Workers

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Dr Angels Jackson - Partner at New Profit

In episode 72 of the Disruptors for GOOD podcast, I speak with Dr. Angela Jackson on leading New Profit’s $15M Future of Work global fund to invest in entrepreneurs and companies developing innovative technical solutions to upskill low-income and entry-level workers at scale. 

Dr. Angela Jackson leads New Profit’s Future of Work Initiative, which seeks to close the career-readiness gap for Americans from low-income backgrounds. Angela’s career started in the private sector leading business development for organizations like Viacom and Nokia. While working internationally, she began to wonder: if multinational companies can deliver their products consistently and with quality at scale, what would it take to deliver social interventions like education and health in a similar manner?

New Profit Venture Philanthropy - Dr. Angela Jackson

She began to tackle this question by founding Global Language Project, a social venture that aimed to transform how we prepare students with skills to succeed in a global economy and workforce. Angela completed a Doctoral degree at Harvard University, where her focus was on this question, along with the role of scale and strategic capital deployment and venture philanthropy in systems change initiatives.

Angela’s work with New Profit allows her to marry her research interests with practice. She currently leads New Profit’s $15M Future of Work global fund to invest in entrepreneurs and companies developing innovative technical solutions to upskill low-income and entry-level workers at scale. Angela recently launched a $6 million Future of Work Grand Challenge, powered by XPRIZE and MIT Solve, to rapidly reskill 25,000 displaced workers into living-wage jobs in the next 24 months.

About New Profit Venture Philanthropy:

New Profit is a venture philanthropy organization that backs breakthrough social entrepreneurs who are advancing equity and opportunity in America.

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