The signature offering of the Golub Capital Social Impact Lab is IGNITE, a unique nine month leadership program for the executive leadership teams of organizations serving the Black community in Chicago.
Applications for the 2022-2023 program are closed as of October 2022.
IGNITE combines world-class business education, coaching, peer mentorship, networking, and consulting assistance to equip the executive leadership teams of organizations with tools to expand their impact on Chicago’s Black community.
To develop, market, and grow IGNITE, the Rustandy Center for Social Sector Innovation at the Chicago Booth School of Business is partnering with Golub Capital and the Chicago Urban League. Partnering with the Chicago Urban League will offer a connection to its network of accomplished nonprofit leaders, as well as an opportunity to scale the program to other National Urban League affiliates throughout the country.
Program Kick-Off: January 20-21
Monthly Sessions:
Closing Retreat: September 28-29
Nonprofit organizations who meet the following criteria are eligible to apply:
Applications for the 2022-2023 program are closed as of October 2022.
By leadership team, we are referring to thought partners of the Executive Director or CEO. This team might include titles like Director or Chief of Finance, Operations, Development, Programs etc. Each organization can bring three members of their leadership team including the Executive Director/CEO. If you have a larger team, we will work with your organization individually to determine the best path forward.
Yes, Golub Capital has made a generous gift and we do have funding for five years. If your organization is not selected this year, you may apply again.
Yes. Although we are not asking organizations for financial commitments, we are asking for a substantial time commitment. It is important for your organization and Board of Directors to have a conversation about whether you are able to devote the resources to fully engage in this program.
We understand that the needs of your organization may change during the course of the program. If you are unable to fulfill the attendance requirements, we would move your organization to the following year.
No, thanks to the generous contribution by Golub Capital, there is no cost to the organization
In this inaugural year, we are limiting participation to nonprofit organizations that serve the Black community within Chicago city limits.
We anticipate individuals will spend anywhere from 3-6 hours per month outside of in person sessions. This includes time for pre-work for sessions, organization meetings, and coaching.
Through a significant five-year commitment from Golub Capital, the Golub Capital Social Impact Lab provides training and professional development to amplify the impact of leaders of high-potential nonprofits serving communities of color.
The Golub Capital Lab provides access to individualized resources, funding for internal capacity building projects, connections to unlock social capital, opportunities to advance knowledge, and practical technical assistance.
Golub Capital is a market-leading, award-winning direct lender and experienced credit asset manager. They specialize in delivering reliable, creative and compelling financing solutions to companies backed by private equity sponsors. They nurture long-term, win-win partnerships that inspire repeat business from private equity sponsors and investors.
"We are proud to partner with the University of Chicago and the Chicago Urban League—and build upon their commitment to communities of color in Chicago—to create this multi-faceted program. We believe this is an outstanding opportunity to offer resources specifically tailored to help nonprofits strengthen and scale their impact."
John P. and Lillian A. Gould Professor of Behavioral Science
George Wu studies the psychology of individual, managerial, and organizational decision-making; decision analysis; and cognitive biases in bargaining and negotiation. Wu is working on advancing the behavioral science of purpose through exploring how people adopt, pursue, and fulfill their intentions to accomplish something that is meaningful to the self, and often is of consequence to the world beyond the self.
Director, Golub Capital Social Impact Lab
Tyeise Huntley leads the new Golub Capital Social Impact Lab which will provide training and professional development to amplify the impact of leaders of high-potential nonprofits serving communities of color. The signature offering of the Lab is IGNITE, offered in partnership with the Chicago Urban League.
