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FUQUAFOCUS: CENTER FOR THE ADVANCEMENT OF SOCIAL ENTREPRENEURSHIP (CASE)

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By Bridgette A. Lacy | Photography by Alex Boerner

onathan Woodward’s passion to change educational opportunities for minorities is taking shape at Triangle Residential Options for Substance Abusers, better known as TROSA, a comprehensive program in Durham that helps people recover from addiction. Woodward is observing a lesson in how to turn former addicts into productive, recovering individuals. “Their system is interesting,” he says. “They bring folks who struggle with addiction and put

them to work so they can heal and create a new life for themselves…. Much of TROSA’s revenue comes from businesses they started. They have a thrift store and a moving company, where people can learn vocational skills and earn money.” The trip to TROSA is part of Day in Durham, an annual pilgrimage for firstyear M.B.A. students like Woodward who come to the Fuqua School of Business. It’s when students begin to understand how their business skills can be used for social, environmental, and economic impact. Woodward, a former English and histo-

A little help Lauren Gardner M.B.A. ’06

(see page 75) calls Fuqua’s loan assistance program an “impact multiplier.” Now named the Rex and Ellen Adams Loan Assistance Program, after Fuqua’s former dean and his wife, the program provides financial assistance, in the form of loan forgiveness awards, to qualifying Duke M.B.A. “Thank you for investing in me so alumni who work in the that I can invest in this community.” nonprofit or public service sectors. It was originally launched with a gift from the Daytime M.B.A. Class of 2001; during the Duke Forward campaign, the F.M. Kirby Foundation made a $2.5 million gift to endow and re-name the program. Alumni are eligible to receive assistance annually toward both federal and private loans. With that kind of help, students pursuing careers in the social sector are more interested in attending Fuqua, and graduates can choose careers that align their skills with their passions. Gardner, a recipient, is grateful. “Thank you for investing in me so that I can invest in this community. Thank you for making sure the Loan Assistance Program has been endowed so that someone right now who is in the Peace Corps, or working in an inner-city school, or working for a start-up social enterprise can be confident that Fuqua is not only feasible, but a place that will support them for the long run as they invest in their communities after graduation.” For more information, http://www.fuqua.duke.edu/financial-aid/loan-assistance-program/.

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ry teacher from South Central Los Angeles, is one of several recipients of Fuqua’s Center for the Advancement of Social Entrepreneurship (CASE) scholarship. The scholarship is awarded to individuals with social-sector backgrounds who are looking to acquire business skills for use in their pursuit of social impact. This year marks the fifteenth anniversary of CASE, an award-winning research and education center based at Fuqua. It was founded by the father of social entrepreneurship education, Greg Dees, and Beth Anderson, a former student of Dees and currently the executive director of the Hill Center, an educational nonprofit that serves students who struggle academically. “CASE has been one of the crown jewels in the business school,” says Fuqua dean Bill Boulding. Boulding reflected that Greg Dees had a strong belief that businesses that were trying to create a positive social impact could also adhere to the same market standards of excellence. “You don’t need a totally different playbook for social impact. You need a commitment to making a difference in lives through your company,” Boulding says. “At Fuqua, we strongly believe business can be a force for good and solve tough challenges in society in ways that government or other entities can’t,” says Boulding. “It’s possible to reasonably sustain a business by making it profitable while improving lives. Nonprofits and other social sector organizations can use business principles to achieve greater impact as well.”

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ees, who died in December 2013, knew that people suffering from various ills and conditions in the world needed solutions right away. And he believed that a center like CASE

Fall 2017 Issue v. 3  
Fall 2017 Issue v. 3  

Includes Duke Forward campaign insert