Since its establishment (late 2012) Elena has been Executive president of Opes Impact fund, an investment vehicle targeting early stage social enterprises in East Africa and India in key development sectors with the aim at contributing in covering the "pioneer gap".
Since 2005 she has been CEO at ACRA-CCS, one of the largest Italian NGOs, active in several countries in Africa and Latin America. She is director at Fondazione Umano Progresso, a private family run Italian foundation and also in the Board of the Tanzanian registered social enterprise, E&E (Education & Entrepreneurship). She has more than 10 years of experience in the mainstream investment banking industry covering global emerging markets for investment banks as HSBC, Dresdner Kleinwort Wasserstein and Nikko Securities.
She graduated in Business Administration from Bocconi University in Milan and she was a Monbushoo researcher at the Hitotsubashi University in Tokyo.
personal page: https://it.linkedin.com/in/elena-casolari-1a710443
Impact Investing and Inclusive Business (taught with F. Oliva)
Traditional aid and public service delivery models have proven not to be sufficient to achieve the objectives of development cooperation on one side, and to effectively and efficiently provide social services to the populations living in western countries on the other side. Moreover an overall scarcity of funds for aid to least developed countries is observed alongside with increasing inequality and poverty in many developed economies which is hardly addressed through the use of traditional models.
Thanks to the blending of models coming from the private and financial sector is possible though to design new ways of addressing social and public problems while attracting private sector players and leveraging private finance. Private sector players show a growing interest in aid projects as the entry points to the markets of the poor and aid actors are interested in adopting business models in their interventions.
The contamination between the two worlds has already produced new instruments of cooperation and development such as social enterprises and impact investing.
The course contents:
- Overview of the status of development cooperation within a changing global context.
- New models of cooperation: Social enterprises and Impact investing
- How and where to adopt the new models: opportunities for development stakeholders