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Creativity, Culture and Capital

Why Impact Investors Should Recognize the Untapped Potential of the Global Creative Economy

Impact investors have been missing a large swath of the global economy — one driven by women, youth, indigenous peoples, and other workers and entrepreneurs who are often overlooked and underestimated: the creative economy. One of the most rapidly expanding sectors of the global economy, the creative economy — comprised of industries like fashion, film, music and design — is predicted to grow to around 10% of global gross domestic product in the coming years. This growth could be potentially transformative in terms of income generation and fulfilling employment, as creative industries already employ around 30 million people worldwide through the formal economy, plus an estimated…
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Laura Callanan, founding partner of Upstart Co-Lab, is connecting impact investing to the creative economy. Before launching Upstart Co-Lab, Laura was senior deputy chair of the National Endowment for the Arts; consultant with McKinsey & Company’s Social Sector Office; and associate director of the Rockefeller Foundation where she managed the endowment ... Read more
Carolina Biquard is a lawyer who has dedicated her professional life to strengthening civil society in Argentina. She founded Fundación Compromiso in 1994 and was the CEO until 2005. From 2007-2009, Carolina was National Director of Cultural Industries. She was the President of the Fondo Nacional de las Artes, a ... Read more
Fran Sanderson is Director of Arts & Culture Programmes and Investments at Nesta, which manages over £30m of impact capital. Fran started her career as a fund manager at JPMorgan, before spending some time travelling in a campervan and living off grid in southern Portugal with her young family. She ... Read more

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