01/19/2022

Golub Capital, Chicago Booth, and the Chicago Urban League launch social impact partnership to serve communities of color

Golub Capital

Golub Capital, the University of Chicago Booth School of Business, and the Chicago Urban League are launching a partnership that will play a foundational role at the new Golub Capital Social Impact Lab ("Golub Capital Lab") at Chicago Booth’s Rustandy Center for Social Sector Innovation. The Golub Capital Lab, through a significant five-year commitment from Golub Capital, will provide training and professional development to amplify the impact of leaders of high-potential nonprofits serving communities of color.

The signature offering of the Golub Capital Lab, scheduled to launch this year, will be IGNITE, a Golub Capital Nonprofit Leadership Program. IGNITE will combine world-class educational content, coaching, peer mentorship, consulting assistance, and community networking for nonprofit leaders serving the Black community, incorporating both the hard and soft skills that are essential for nonprofit leaders to thrive.

“We are proud to partner with the University of Chicago and the Chicago Urban League—and build upon their commitment to communities of color in Chicago—to create this multi-faceted program. We believe this is an outstanding opportunity to offer resources specifically tailored to help nonprofits strengthen and scale their impact," said David Golub, President of Golub Capital.

To develop, market, and grow IGNITE, Booth will partner with the Chicago Urban League, a leading nonprofit in Chicago dedicated to achieving equity for Black families and communities through social and economic empowerment. The Chicago Urban League will offer a connection to its network of accomplished nonprofit leaders, as well as an opportunity to scale the program to other National Urban League affiliates throughout the country.

This story was first published by The University of Chicago Booth School of Business.

Back to News
Related articles