SEVEN Fund
Michael Fairbanks, director
The SEVEN (Social Equity Venture) Fund is a virtual nonprofit entity run by entrepreneurs whose strategy is to increase the rate of innovation and diffusion of enterprise-based solutions to poverty. Michael Fairbanks is an author and cofounder and director of SEVEN Fund. The following is excerpted from the July 29, 2010, House Foreign Affairs Subcommittee on the Western Hemisphere hearing “The Crisis in Haiti: Are We Moving Fast Enough?” The recent press reports indicate that somewhere between 2 percent and 5 percent of the pledged funds have been disbursed. I think just on that basis everyone can agree that we…
