CMF and leaders around the state worked in partnership to launch the Michigan Impact Investing Hub to support increased collaboration in the impact investing space.
The Hub is a unique model for convening and connecting stakeholders engaged in impact investing, including nonprofits, foundations, advisors, fund managers and beyond.
The Hub, which first launched in October 2021, consists of a four-leaf clover ecosystem in which similarly situated stakeholders periodically gather, share what they believe is needed in Michigan’s impact investing ecosystem and propose actions to meet those goals.
A team of peers from each “Leaf” is more regularly convening to share thoughts and brainstorm ideas as a collective, with results shared back with all Hub participants.
“The Hub gives members another opportunity to engage in this space versus just attending a seminar. It aligns them with resources and connectors and allows them the opportunity to be a part of a greater network.”
—Reneé Johnston, president and CEO of Saginaw Community Foundation, CMF trustee and chair of CMF’s Impact Investing Committee
CMF has been at the forefront of this field since 2013 through the leadership of our community of philanthropy, including CMF’s Impact Investing Committee and its partners. Since that time the practice of impact investing has made significant strides forward and continues to evolve.
Over the years stakeholders have increasingly expressed through various statewide and regional convenings that they would like a common point of coming together.
The Hub serves as a shared table to build relationships and break down communication silos.
“By casting a wide net so that anyone interested or involved in impact investing in Michigan may participate in the Hub, we hope to create a more level playing field where all stakeholders may come together to share idea.”
—Jennifer Oertel, Impact Investing Expert in Residence