Yale SOM to Contribute to New Haven’s Efforts to Distribute the Benefits of Growth
The school will sponsor programs at the Center for Inclusive Growth, and Dean Kerwin Charles will sit on its board.
The Yale School of Management will play an active role in the new Center for Inclusive Growth, an initiative that has grown out of the partnership between Yale University and the City of New Haven. Dean Kerwin K. Charles will sit on the board of the new center, which is expected to open in the second quarter of 2023. The School of Management will also support multiple new projects through the center.
The Center for Inclusive Growth aims to ensure that economic growth in the city benefits all residents. The city and the university recently announced a search for the center’s first executive director.
The first programs that Yale SOM plans to sponsor through the Center for Inclusive Growth will provide high-level education and leadership training to local entrepreneurs and place paid student interns in New Haven to provide support in critical areas. The school also plans to explore ways that the resources of Yale can benefit New Haven’s entrepreneurial ecosystem.
Charles helped lay the groundwork for the new city-Yale joint project by participating in numerous discussions with New Haven community members over the last year. “I heard from many the range of issues on their minds with regards to inclusive growth, and I look forward to connecting the Yale School of Management, through these initiatives, to the center’s first director and their efforts to address resident priorities and enhance economic development in New Haven.”
The Center for Inclusive Growth grew out of a historic 2021 agreement between Yale and New Haven that increased the university’s annual voluntary financial contributions to the city by a total of $52 million over six years. Justin Elicker, a 2010 Yale SOM graduate and the mayor of New Haven, said, “Today’s announcement is another step forward as we strengthen the partnership with Yale University in ways that lift the entire community through inclusive growth.”
Inquiries about the Center for Inclusive Growth may be sent to info@inclusivegrowthnh.org.