Economic Mobility Alliance
The Economic Mobility Alliance brings several of our most effective programs under one umbrella to foster greater collaboration and maximize our impact, increasing economic mobility for individuals of all backgrounds throughout every stage of their financial lives. Each of these programs contributes distinct elements toward comprehensive economic opportunity and lasting financial security.
We envision EMA as much larger than merely the sum of the Milken Institute’s existing efforts, as numerous outstanding organizations today are focused on economic mobility. With EMA, we will convene these organizations, and together, we will amplify our collective impact, fostering greater collaboration and advancing solutions more rapidly.
Invest America Accounts
Invest America Accounts provide universal investment accounts seeded at birth, aimed at helping individuals build long-term wealth and achieve economic security across generations.
Pathways to Capital
Pathways to Capital expands access to capital for underserved communities and entrepreneurs, enabling greater economic participation and growth through the programs listed below.
Pathways to Capital Programs
Initiative for Inclusive EntrepreneurshipInitiative for Inclusive Entrepreneurship removes barriers and offers essential support to entrepreneurs from underserved communities, fueling economic dynamism and job creation.
Inclusive CapitalismInclusive Capitalism includes the historically Black college and university (HBCU) program dedicated to supporting HBCU graduates pursuing careers in asset management.
10,000 Communities10,000 Communities drives investments and resources into local communities to support sustainable economic growth and resilience.
Financial Innovations Labs
Financial Innovations Labs develops creative solutions and scalable innovations to tackle complex financial challenges and broaden economic participation.
FinTech, Entrepreneurship, and Innovation
FinTech, Entrepreneurship, and Innovation employs cutting-edge financial technology to empower entrepreneurs and expand financial inclusion.
Veterans Community Initiative
Veterans' Community Initiative delivers tailored resources that enable military veterans to successfully make the transition into civilian careers.
Lifetime Financial Security
Lifetime Financial Security helps individuals better prepare for retirement, addressing the critical challenges of saving and investing effectively.
The IFC–Milken Institute Capital Markets Program
The IFC–Milken Institute Capital Markets Program develops human capital in emerging economies by educating mid-career government finance professionals and providing them with a lasting network; to date, we have supported 300 fellows across 65 nations, two-thirds of whom are in Africa and 50 percent of whom are women.
The World Bank–Milken Institute Public Financial Asset Management Program
The World Bank–Milken Institute Public Financial Asset Management Program supports sovereign governments in improving public asset management to drive long-term economic stability and growth.
Geo-Economics, Climate Resilience, and AI
Geo-Economics, Climate Resilience, and AI explores how global economic trends, environmental challenges, and technological advancements interact, developing strategies that enhance resilience and growth.
Economic Mobility Alliance
Most Recent Content
2025 Digital Asset Market Structure Discussion Draft – US Senate Banking Committee
The Milken Institute ("Institute") appreciates the opportunity to submit comments in response to the Senate Banking Committee’s (“Committee’s”) Request for Information (“RFI”) on digital asset market structure. As a nonpartisan, nonprofit...Read Letter
Milken Institute Statement on Passage of Digital Asset Legislation
The Milken Institute applauds the House’s historic, bipartisan passage of the GENIUS Act and the CLARITY Act. This final passage of the Senate’s GENIUS Act will provide long-sought regulatory clarity for stablecoins as they continue to...Read Article
Global Digital Asset Adoption: Sub-Saharan Africa
In Sub-Saharan Africa, FinTech is shaped by youthful demographics and mobile-first populations in search of solutions to bring down costs and accelerate growth. According to the World Bank, Sub-Saharan Africa received $54 billion in...Read Article
Global Digital Asset Adoption: Latin America
There are bold headlines about crypto in Latin America. Countries like El Salvador have made a splash on the crypto scene, with leaders who are moving fast and breaking things.Read ArticleMilken Institute Statement on Digital Asset Legislation
As the House moves forward on the CLARITY Act, the Senate’s GENIUS Act, and the Anti-CBDC Surveillance State Act, the Milken Institute commends the bipartisan, bicameral collaboration on these landmark bills, which will establish much...Read StatementMilken Institute Statement on Final Passage of the Reconciliation Bill
“The Milken Institute commends the creation of Trump Accounts, previously known as Invest America Accounts, and the expansion of Opportunity Zones included in the final passage of the reconciliation package. These key provisions will...Read ArticleImage
Michael Piwowar, PhD
Executive Vice President, Milken Institute FinanceMichael S. Piwowar, PhD, is the executive vice president of Milken Institute Finance. Piwowar served as a commissioner at the US Securities and Exchange Commission (SEC) from August 15, 2013, to July 6, 2018.
Stories from the Field: Lynn Faria
Over the past decade, I’ve witnessed a profound evolution in how lesbian, gay, bisexual, transgender, and queer (LGBTQ+) aging is understood and prioritized within our communities and systems of care.Read ArticleMilken Institute Statement on the Reconciliation Bill
“As Congress continues to finalize the reconciliation package, the Milken Institute supports the key provisions for Trump Accounts and Opportunity Zones that will advance economic mobility for all Americans,” said Michael Piwowar, EVP of...Read StatementImageMichael Piwowar, PhD
Executive Vice President, Milken Institute FinanceMichael S. Piwowar, PhD, is the executive vice president of Milken Institute Finance. Piwowar served as a commissioner at the US Securities and Exchange Commission (SEC) from August 15, 2013, to July 6, 2018.
Employer Investments: Mitigating Risk to Maximize Business, People, and Community Resilience and Performance
The workplace is a community in and of itself, bringing together individuals in pursuit of a shared mission and purpose. Employers are trusted entities whose broad reach gives them a unique opportunity to advance public health priorities...Read Report
