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
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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
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Economic Mobility Alliance: Chairman's Prospectus and Reference Materials February 2026
The Milken Institute's Economic Mobility Alliance (EMA) unites a variety of the Institute’s programs to expand access to capital under a single, coordinated umbrella, accelerating economic opportunity for individuals at every stage of their...Read ReportImage
Mike Milken
ChairmanMike Milken, chairman of the Milken Institute, has been at the forefront of successful initiatives in medical research, education, public health and access to capital for more than four decades. Fortune called him “The Man Who Changed Medicine” and Forbes listed him among “Visionaries Reimagining Our Children’s Future.” -
Reimagining Impact Investing for Small Businesses in the Age of AI
Small businesses are responsible for nearly half of all private-sector jobs and economic growth. They, along with startups, serve as the dual engines driving both innovation and economic expansion.Read ReportImage
Kristen Fanarakis
Associate Director, Small Business, Entrepreneurship, and Economic GrowthKristen Fanarakis leads the small business policy, entrepreneurship, and innovation initiative within the Milken Institute’s Finance pillar. She focuses on the macroeconomic and systemic trends affecting American small businesses and startups, and the implications for the economy and innovation. -
Generosity After the LA Fires: Charitable Giving and the Road Ahead to Rebuilding
In the aftermath of the devastating Eaton and Palisades Wildfires in Los Angeles, philanthropic institutions, corporations, community-based organizations, and individuals generated a significant cross-sectoral charitable giving response—and...Read ReportImage
Alexander Meeks
Director, 10,000 Communities Initiative, Milken Institute FinanceAlexander Meeks is a director at Milken Institute Finance. He focuses on helping communities accelerate resilient disaster recovery and adapt to extreme weather events. -
Digital Financial Infrastructure in Focus
The world’s financial system operates at digital speed, but much of its infrastructure remains slow, fragmented, and opaque.Read Report -
The New Investor Narrative: Discussion Document
In an era marked by geopolitical volatility, rapid technological change, rising energy demand, and intensifying extreme weather, investor interest in climate resilience remains strong. For investors, climate mitigation, adaptation, and...Read ReportIn an era marked by geopolitical volatility, rapid technological change, rising energy demand, and intensifying extreme weather, investor interest in climate resilience remains strong. For investors...
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Investing in Europe’s Competitiveness: Mobilising Capital for European Defence
In its role as a global, nonpartisan, nonprofit think tank, the Milken Institute has launched an initiative called Investing in Europe’s Competitiveness. Its aim is to develop actionable steps to catalyze the investment needed in the...Read ReportIn its role as a global, nonpartisan, nonprofit think tank, the Milken Institute has launched an initiative called Investing in Europe’s Competitiveness. Its aim is to develop actionable steps to...
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Unintended Consequences: Trade and Supply Chain Leaders Respond to Recent Turmoil
The global economy has entered a new, more volatile era, defined by compounding disruptions in technology, climate resilience, and global trade. In response, the Milken Institute launched the Geo-Economics Initiative in 2024 to help...Read ReportThe global economy has entered a new, more volatile era, defined by compounding disruptions in technology, climate resilience, and global trade.
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Innovative Financing Models for Resilient Critical Mineral Supply Chains
The need for resilient and secure critical mineral supply chains is now a globally acknowledged concept. Decades of investment disparities have exposed the fragility of supply, as strong and rising global demand clashes with monopolistic...Read Report -
The Missing Billions: Analyzing the Impact of Women-Led Fund Managers
This report from the Milken Institute Inclusive Capitalism Program, in collaboration with the Research team at Milken Institute Finance, analyzes the impact of female emerging venture funds on the greater financial landscape.Read Report
Other Organizations Advancing Economic Mobility
Seeded by commitments from Apollo Global Management, Ares Management Corporation, and Oaktree Capital Management, creates pathways for HBCU students to enter and thrive in the alternative investment management industry.
Works to remove barriers and empower individuals to achieve better, richer, and fuller lives through rigorous academic research, sound public policy solutions, and by fostering a holistic vision of human flourishing.
Provides targeted support and training to improve career opportunities at the firm’s portfolio companies, particularly for underrepresented and economically disadvantaged groups.
Promotes global economic stability, fosters international financial cooperation, and advances inclusive economic growth.
Works to expand economic opportunity and access to capital, disrupt poverty, and empower individuals through financial literacy, economic education, and programs that foster inclusion.
Promotes broad-based employee ownership programs that create meaningful wealth-building opportunities for employees, uplift families, reinvigorate corporate cultures, and improve business performance.
Aims to advance philanthropy throughout the investment industry; investment funds commit at least 5% of a selected funds’ performance fees to charitable organizations focused on healthcare, education, and other drivers of well-being.