Breaking News: Esperanza Named 2016 McNulty Prize Laureate

Jul 21

Last night, the Aspen Institute and the McNulty Foundation announced that Esperanza has been named one of four 2016 Laureates for the ninth annual John P. McNulty Prize.

The McNulty Prize recognizes the spirit of innovation and excellence of leaders who use entrepreneurship to address important global social issues. The Prize is given annually to honor the visionary work of a Fellow of the Aspen Institute. An international panel of judges including former US Secretary of State Madeleine Albright, Ugandan diplomat Olara Otunnu and international development expert Brizio Biondi-Morra will select the 2016 winner.

You can watch Esperanza's nomination video HERE.

"These leaders have realized that the true power of their entrepreneurial and organizational expertise goes beyond advancing their careers, to mobilizing partners and resources across sectors and even borders to relentlessly tackle problems and effect positive social change," said Anne Welsh McNulty, founder of the McNulty Prize.

Since launching the foundation in 2013, Esperanza has:

● Graduated 43 former gang members, 74% of whom are still employed to this day, 11 of whom operate their own businesses

● Demobilized 3 of 4 rival gangs in Casco Viejo, significantly reducing crime and dramatically increasing touristic value of their former territories

● Documented and proved our methodology to apply to new areas of the world

We'd like to send a big thank you hug for your continued support . Gang intervention combined with social entrepreneurship is a high-risk and high-reward investment and a strong community backing is (what we internally refer to as) our biggest asset.

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