Preparing a new generation of social enterprise leaders  to bridge the nonprofit and business worlds.

A major challenge of the emerging fields of social enterprise and venture philanthropy is that of identifying individuals with the mixture of skills needed to understand the unique cultural, ethical and management needs of nonprofit organizations as they enter the for-profit marketplace.

"As the field of social entrepreneurship develops, a growing part of the discussion is the need for 'mutant' managers, people who can bridge the nonprofit and business worlds…the challenge facing this field is to find a way to integrate the skills and perspectives of MBAs and other business-people with the social conscience and values of the nonprofit world in an equal and complementary way."

-- Joanna Messing, NESsT Enterprise Development Director, in "The Journey of a Mutant Manager," in Social Purpose Enterprises and Venture Philanthropy in the New Millennium (San Francisco: REDF, 1999).

The NESsT Entrepreneur-in-Residence (NESsTER) program was launched by NESsT in 1999 to address this shortcoming by providing opportunities for recent graduates of business and nonprofit management programs and for other young/mid-career professionals to work on distinct initiatives with NESsT and the social enterprises we support.

The ultimate goal of the NESsTER program is to build a cadre of professional leaders prepared with this unique set of management skills to further the fields of social enterprise and venture philanthropy around the world.

 

The NESsT program currently has two components:

1. NESsTER MBA Program

In collaboration with top universities in Europe, Latin America and the United States and with the internship program of Net Impact (formerly Students for Responsible Business), the NESsTER program now provides semester-, summer-, and year-long opportunities for current or recently-graduated masters of business administration (MBA) graduate school students to work with NESsT and/or directly with the social enterprises in the NESsT Venture Fund portfolio.

"Working at NESsT gave me a hands-on chance to see everything we had learned in business school put into action. The application of business school studies towards a nonprofit endeavor was an especially valuable experience."

Celina Yong, NESsT Entrepreneur-in-Residence 2003, Oxford University, Said Business School

To date, NESsT has hosted NESsTERs from the following prominent universities:

University of Chicago Graduate School of Business

Columbia University School of International & Public Affairs (SIPA)

Dartmouth College, Tuck School of Business

Georgetown University, McDonough School of Business

HEC School of Management (Paris)

University of Notre Dame, Mendoza College of Business

Oxford University, Said Business School

University of Pennsylvania, The Wharton School

Stanford University

Thunderbird, The American Graduate School of International Management

University of Michigan, Ross School of Business

The following MBA students have been NESsTERs since the start of the program (to read select profiles, click on a NESsTER's name):

Name

School/ Program

NESsTER Project(s)

Term (Location)

Freddy Abnousi  Oxford University, Said Business School NESsT Consulting June - August (Santiago)
Sheila D. Collins University of Michigan, Ross School of Business Latin American Social Enterprise Symposium

May 2006 - present

(Santiago)

Brewster Crosby Georgetown NESsT Venture Fund (due diligence tool development) May - August 2001 (Budapest)
Matt Daggett  Oxford University, Said Business School NESsT Consulting June - August (Santiago)
Vyjayanti Desai Wharton (International Volunteer Program) NESsT Egg Initiative (feasibility study research and analysis) (Santiago, May 2000)
Kristin Greene

Wharton (International Volunteer Program)

Not Only for Profit book research

August 2001 (Santiago)

Robert Griffin Notre Dame NESsT Venture Fund (Performance Management Tool) Sept - Dec 2000 (Santiago)
Richard Hansko University of Economics (Prague, Czech Republic) NESsT Venture Fund (Central Europe) Sept 2002 - Sept 2003 (Budapest)
Bradley Henderson Oxford University, Said Business School NESsT Consulting June - August (Santiago)
Jay Jackson Thunderbird NESsT Venture Fund (Central Europe) 2000 (Budapest)
Marina Kim Stanford International Social Enterprise Exchange (ISEE) January - March 2004 (Santiago)

Jen'I' Lafaurie

Wharton

NESsT Venture Fund (Performance Management Tool development)

May - August 2001 (Santiago)

Eugene Larson Georgetown NESsT Venture Fund (business plan development) May - August 2001 (Budapest)
David H. Lee

Dartmouth

International Venture Philanthropy   Forum; Not Only for Profit book writing & editing)

May - August 2001 (Santiago)

Edward Leigh

Wharton (International Volunteer Program)

NESsT Egg Initiative (feasibility study research and analysis)

(Santiago, May 2000)

Kimber Lockhart Stanford NESsT University (Margins Project) June - August 2006 (Budapest)
Jeff Moray Wharton (International Volunteer Program) NESsT Venture Fund (venture planning grants development; and market research. May - Aug 1998 (Budapest) and Jan-Feb 2000 (Santiago)
Kelly Newton University of Illinois at Urbana-Champaign NESsT Finance and Operations May - August 2003 (Santiago)
Mark Pedersen Columbia University School of International & Public Affairs (SIPA) NESsT International Social Enterprise Exchange (ISEE) May - August 2004 (Santiago)

Alicia Policinski

Wharton (International Volunteer Program)

NESsT Venture Fund (market research)

May 1999 (Budapest)

Stephanie Ropp University of Chicago Graduate School of Business NESsT Development June - August 2004 (Santiago)
Pamela Sivula

Notre Dame

NESsT Venture Fund (Performance Management Tool development)

Sept - Dec 2000 (Santiago)

Katerina Svickova
Central European University

NESsT-Plzensky Prazdroj Enterprise Development Program

May 2006 - May 2007

(Budapest)

Margaret  Tallman

Notre Dame

NESsT Venture Fund (Performance Management Tool development)

Sept - Dec 2000 (Santiago)

Adrienne Teleki

Wharton (International Volunteer Program)

NESsT Venture Fund (market research)

May 1999 (Budapest)

John Waldmann Stanford NESsT University (Margins Project) June - August 2005 (Budapest)

Robert Webb

HEC School of Management (Paris)

NESsT Social Enterprise Loan Fund (SELF)

May - August 2004 (Budapest)

Celina Yong Oxford University, Said Business School NESsT Consulting June - August (Santiago)

 

2. NESsTER Professionals Program
The NESsTER program also provides "sabbatical" opportunities for young and mid-career professionals from various fields to explore the fields of social enterprise and venture philanthropy and to reflect on and apply their expertise to practical aspects of NESsT's work.

"The NESsTER experience has been an excellent opportunity for me to learn from NESsT, the leader on social enterprises in emerging economies... It is gratifying to pass on lessons learned from NESsT's Central European and Latin American experience to another area of the world. "

Jill Costello, NESsT Entrepreneur-in-Residence 2003

NESsT has hosted the following young/mid-career professionals as NESsTERs since the start of the program:

NESsTER

Current/
Previous Affiliation

NESsT Initiative

Term (Location)

Neil Baquiran Barclays Global Investors NESsT Consulting Current (San Francisco)

Snjezana Bokulic

Minority Rights Group International NESsT Venture Fund (Croatia) Current (Budapest)
Jill Costello

Brunswick

UBS Warburg
NESsT Consulting February - August 2003 (Santiago)

Matt Evans

Ashoka NESsT Venture Fund (Performance Management)

April - December 2005

(Santiago)

Cynthia Gair Roberts Enterprise Development Fund (REDF) NESsT Venture Fund (Budapest)
Julia Jones Roberts Enterprise Development Fund (REDF) NESsT Venture Fund (Budapest)
Cy Hersch

Venture Law Group (VLG)

NESsT Venture Fund

November 2001 - June 2002 (Santiago)

Emese Ibolya Maholnap Hungarian Welfare Foundation  NESsT International Social Enterprise Exchange (ISEE) March - May 2004 (Budapest)

Sofia Michelakis

Venture Law Group (VLG)

NESsT Egg Initiative

March 2002 - August 2002 (Santiago)

Brian Milder

Rockefeller Fellow, Harvard University

NESsT Venture Fund

November 2001 - August 2002 (Santiago)

Christina de Molina

Comité para la Democratización de la Informática (CDI)

NESsT Venture Fund

August 2001 - February 2002 (Santiago)

Justyna Muranowicz AIESEC NESsT Venture Fund (Budapest)
Catherine O'Dea-Hughes In Other Words LLC NESsT Venture Fund and NESsT Consulting September 2003 - present (Santiago)
Anna Raff Metropolitan Museum of Art NESsT Review 2000-2004 (graphic design support)

August - October 2004 (Santiago and New York)

Kelly Ramirez UNESCO NESsT Venture Fund (Performance Management) November 2005 - May 2006 (Santiago)
Moeed Yousaf Morgan Stanley & Co.

NESsT Venture Fund

(Budapest)
 

New NESsTER joins team in Budapest

Marton Rovid

NESsTER Project: Social Enterpise Loan Fund
Márton Rövid is working with the Budapest team on assessing the feasability of providing tailored loan financing for social enterprises in emerging markets.

 

"NESsT helps NGOs to adapt to capitalist conditions in Eastern Europe and Latin America. These NGOs often have direct positive effects on the lives of marginalized communities - that is why I joined the team."

____________________________

For more information on current NESsTER opportunities, click here


Top of page