Impact Investing 101 for Social Entrepreneurs

On August 25, 2020

In light of everything that has been going on in our country lately, many Americans have started to look into social change and social impact. How...

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Impact Investing: A Necessary Response to COVID-19

On May 19, 2020

Invest in small businesses and nonprofits! Put all your money into finding a vaccine! Emergency responses are the only option now! Spend everything you have, now,...

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Home Matters

On April 10, 2020

Home Matters by Susan Hammel, CFA, Founder and CEO Cogent Consulting PBC We need to come together (from a distance) now more than ever as we...

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Opportunity Zones: A Boon For Investors or Real Opportunity For All?

On May 15, 2019

This article was originally published by Minnesota Council on Foundations in Giving Forum Magazine’s Spring 2019 Edition Written by Susan Hammel, CFA Call me Pollyanna but...

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Making an Impact: Susan Hammel, Cogent Consulting

Making an Impact: Susan Hammel, Cogent Consulting

On April 19, 2019

This interview was written by Nicole Melancon and originally appeared on the Impact Hub MSP’s Blog Making an Impact: Susan Hammel, Cogent Consulting Susan Hammel is...

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What Susan is doing

As we emerge cautiously from our pandemic caves, it’s wonderful to be out with humans again, at least a little bit. Then again Zoom is part of our workplace culture now and I’m grateful for the technology, as is our Cogent principal, Terri Barreiro, who I enjoy seeing weekly at Impact Hub MSP, which she co-founded with Katie Kalkman. Lately, I have had the good fortune to be spending time with talented Black entrepreneurs and they give me a lot of hope for our communities: people like Ian Alexander, Anisha Murphy, and Karine Blanc. You’ll note that many of the people leading this work are women and in honor of Women’s History Month, I also want to give a shout to someone I’ve admired for years: the late great Madeline Albright, the first woman to serve as U.S. Secretary of State. 

It’s got me thinking about the suspicion many in the nonprofit and philanthropic sectors have regarding the for-profit sector. Skepticism and pointed questions are good but it is possible that the for-profit sector will develop sustainable, scalable solutions to our pressing challenges: racial justice, gender equality, climate change, economic opportunity for all, to name a few. My advice--look beyond someone’s tax status and focus on the work they’re doing. If you’re not sure of a for-profit entrepreneur’s motives, see if they are a Public Benefit Corporation, like Cogent and/or B-Lab certified like one of my favorites: Binary Bridge founded by Lori Most, bringing mobile health technology to places around the world.