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- 01 Jan 2011
- News
Karen Gordon Mills, MBA 1977
with a portfolio of more than $90 billion in loan guarantees, the SBA is responsible for ensuring that 23 percent of all government contracts are awarded to small businesses. "That's $100 billion dollars a... View Details
- 01 Mar 2023
- News
The Exchange: Micro Management
Image by John Ritter In the 50 years since modern microfinance was introduced as a tool to fight poverty, institutions have distributed hundreds of millions of loans to people in developing countries. Such View Details
- 01 Dec 2010
- News
Noted & Quoted
“It is not at all clear that when firms expand abroad they contract at home. If anything, you see the opposite.” — HBS professor MIHIR DESAI noting that foreign profits made by American firms put them in a better position to grow at home.... View Details
- 01 Mar 2013
- News
A Healthy Profit
after they've contracted an illness, compared with public health's cost-effective preventive approach. I realized that public health is all about policies, systems, and distribution on a wide scale. As an investor, I could see huge... View Details
- 01 Sep 2018
- News
An SUV Built for African Roads—by African Workers
facility. Now Mobius is about to embark on an ambitious growth plan by opening a new factory. With $20 million in investments and loans to date, the company designed, built, and sold their proof of concept, then developed the Mobius II... View Details
Keywords: Amy Yee
- 01 Dec 2014
- News
Case Study: Growing the Family Business
partial corporate funding could then be sold to prospective investors as a way to kick-start things. — HBS Senior Lecturer Jeff Bussgang I do like the idea of offering an upfront prepay deal. Like your business, mine (different industry) has been month to month instead... View Details
- 01 Dec 2006
- News
The Hard Way
building. Her banker, however, refused to loan her all the money she needed. That should not have come as a surprise given that her school’s enrollment would fill only three of the twelve floors, and Russo had no plans to sublet the rest... View Details
- 01 Sep 2018
- News
After the Fall
Lovett-Learned Professor of Business Administration In mid-2007, corporate lending began to decrease—a trend that accelerated during the banking panic in the fall of 2008, with new loans to large borrowers falling 47 percent during the... View Details
- 19 Aug 2021
- News
A Letter to My White Friends and Colleagues
Black-owned banks go to Black people. We know that, Carver Bank in New York, for example, 80 percent of their commercial loans or business loans go to Black people. And we know conversely, that less than... View Details
- 01 Jun 2024
- News
Crash Pad
When 4753 North Broadway opened in 1924, the neoclassical tower represented the height of American architectural design, a terra-cotta temple of capitalism at the heart of Chicago’s Uptown neighborhood. Over the next century, a series of banks occupied the spacious... View Details
- 01 Jan 2003
- News
Lillian Lincoln Lambert, MBA 1969
investing $4,000 in savings and a $12,000 loan to found Centennial One. A supplier gave her ninety days of credit on vacuum cleaners, buffers, and chemicals. With a secretary and twenty part-time employees, Lambert focused at first on... View Details
- 01 Jun 2010
- News
$how Me the Money
level, “is when you actually tilt the playing field by influencing the policymaking or contracting process; this is illegal and unfair.” Abdelal says that for many executives, the challenge is managing a business culture in which it is... View Details
- 01 Mar 2011
- News
Local Hero
payment of $1,” Baer laughs. “It was probably the first and last single-figure contract in broadcast history.” After graduating Phi Beta Kappa from Berkeley, Baer parlayed the experience, contacts, and notoriety he gained during his... View Details
- 12 Jul 2021
- News
Alumni Confront the COVID-19 Crisis
Your Life. NOVEMBER 4 Rod Harl (MBA 2000), president and CEO of Alene Candles, led the pivot of his company from candlemaking to the production of Personal Protective Equipment (PPE) in response to the pandemic. Closing just before a mandated March 2020 shutdown, the... View Details