Gov. Moore: Philanthropy is seed capital; government should scale proven solutions
Gov. Wes Moore · How can government back entrepreneurs? (Gov. Wes Moore, Steve Case & Preet Bharara) | Summit '24 · Dec 11, 2024 · at 4:20
Maryland Governor Wes Moore discusses the division of labor between private philanthropy and state government at the Masters of Scale Summit.
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“There are certain entities, private sector, philanthropy, et cetera, that can really serve as our leading indicators. They're the best practice mechanisms. They're the ones who can be essentially the seed capital. Oftentimes in innovations at work, what they need to then have is a partner in government who, once they understand what works, what we understand, once we understand that this actually has an outside societal ROI on it, now we're then prepared to then take it public.”
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