The Creative Economy, Community Development and Impact Investing

Sarah Lang May 27, 2021

Creative industries and cultural institutions anchor communities. This discussion highlights the creative sector as a driver of community well-being, a source of quality jobs, and both a source and use of capital for community development.



Meta Themes

  • Equity & Inclusion

  • Impact Investing

  • Sustainable Development

  • Social Entrepreneurship


Creative Economy; Community Development; Cultural Institutions; Mission-related and Values-aligned investing

Purpose and Desired Outcome

Demonstrate that the creative sector is a key component of community development, and both a source and use of impact capital. Describe how impact investing can help cultural organizations put diversity, equity, and inclusion commitments into action, and make the case for cultural institutions to invest in the creative economy.


  • Allocators (Family Offices, HNW Individuals, Foundations)

  • Government

  • Artists & Culture-makers

  • Asset Managers

  • Intermediaries (Financial Advisers, Investment Bankers)

  • Entrepreneurs


  • NameDavid Erickson
  • TitleSenior Vice-President
  • OrganizationFederal Reserve Bank of New York
  • StatusConfirmed
  • NameValerie White
  • TitleExecutive Director
  • OrganizationLISC - NYC
  • StatusConfirmed
  • NameMichelle Rhodes Brown
  • TitleDirector of Finance
  • OrganizationWalters Art Museum
  • StatusConfirmed
  • NameSam Farrazaino
  • TitleFounder
  • OrganizationEquinox Studios
  • StatusConfirmed
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