Ending the cycle of extreme poverty
Global poverty is one of the most pressing challenges of our time and Bob and Dottie King are determined to use their resources to alleviate it. In 2012, they seized a unique opportunity to lessen poverty by fueling job creation in partnership with the Stanford University Graduate School of Business (GSB).
The Kings established the Stanford Institute for Innovation in Developing Economies, better known as Seed, to leverage the GSB’s innovative mindset and entrepreneurial expertise. Seed works to end the cycle of global poverty by fostering new entrepreneurial ventures and scaling existing enterprises. Because global poverty is multi-dimensional in nature, the Kings wanted Seed to avail itself of research expertise across the university. To this end, Seed’s GDP Research Initiative supports research that relates to poverty alleviation spanning disciplines across Stanford, including public health, education, law, political science, engineering, computer science, and the environment, among others.
Alleviating poverty through job creation
Expanding around the world
Launched with the King’s $150 million gift, Seed combines educational excellence, critical research, and breakthrough innovation to address global poverty. Seed’s comprehensive approach involves working across multiple fronts and time horizons. Seed trains business leaders in developing economies, giving them access to management training, coaching, and networking support that will help them lead their regions to greater prosperity. Seed inspires Stanford students to become globally engaged leaders and introduces them to the challenges and opportunities of doing business in developing economies. Seed advances university-wide research to develop relevant and impactful poverty alleviation interventions across disciplines. Seed is headquartered at Stanford, has hubs in East and West Africa, and will soon launch in Asia. Its long-term goal is to expand to developing economies throughout the world.