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Milken Institute Finance

Pathways to Capital

Talent and good ideas are ubiquitous, but our financial systems concentrate capital and opportunity in certain geographies and networks. Financial systems should expand opportunity, not limit it.

Pathways to Capital is transforming how capital reaches people and communities across nearly all 50 states, enabling them to build, grow, and thrive.

The initiative builds on the Milken Institute’s long-standing commitment to fostering equitable access to capital, strengthening the financial industry talent pipeline, supporting entrepreneurs and small businesses, and driving sustainable economic development.

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Pathways to Capital

Practice Areas

10,000 Communities

Many communities face barriers to funding the critical infrastructure needed for long-term growth. The 10,000 Communities Initiative works with public- and private-sector partners nationwide to connect people, projects, and capital in support of equitable investment and lasting community resilience.

Inclusive Capitalism

The ICAP Program works to shape an economy that delivers long-term, shared value—benefiting businesses, investors, employees, customers, governments, and communities alike. We drive market efficiency through economic inclusion and mobility by expanding participation in leadership and capital allocation, unlocking access to capital, and building sustainable pathways for high-potential talent.

Initiative for Inclusive Entrepreneurship

Small businesses are the heartbeat of our the economy. They account for almost nearly half of our US GDP and employ nearly almost half of all private-sector workers. Businesses owned by Socially and Economically Disadvantaged Individuals (SEDI businesses) are the fastest-growing segment of the small- business market, yet they often lack adequate access to growth capital. The Initiative for...

Outcomes

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public and private partners activated across a nationwide network
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HBCUs represented across 15 states
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in loans deployed directly to small businesses across the US

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Pathways to Capital

Our Team

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Dan Carol

Managing Director, Milken Institute Finance
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Rachel Halfaker

Director, 10,000 Communities Initiative, Milken Institute Finance
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Alexander Meeks

Director, 10,000 Communities Initiative, Milken Institute Finance
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Sarah Ortner

Associate Director, Public Finance, Milken Institute Finance
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Blair Smith

Senior Director, Milken Institute Finance