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Finovate Podcast Episode 11: Karen Mills, Harvard Business School

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Fintech, Small Business, and the American Dream

Karen Gordon Mills, Former Member of President Obama's Cabinet & Senior Fellow at Harvard Business School KGM Headshot circle

Karen Mills served in President Barack Obama's Cabinet as the Administrator of the U.S. Small Business Administration from 2009 until August 2013, and was a member of the President’s National Economic Council. At SBA, she led a team of more than 3,000 employees and managed a loan guarantee portfolio of over $100 billion. At the height of the Great Recession, she took steps that led to record-breaking years for SBA lending and investments in growth capital. Additionally, Mills’ efforts helped small businesses create regional economic clusters, gain access to early-stage capital, boost exports, and tap into government and commercial supply chains.

Mills is currently a Senior Fellow at both the Harvard Kennedy School and Harvard Business School, where she is part of the entrepreneurship faculty. She is a leading authority on U.S. competitiveness, entrepreneurship, and innovation. She is the author of the new book Fintech, Small Business & the American Dream, as well as a number of Harvard Business School white papers and publications.

Mills is a venture capitalist—the Vice Chair of Envoy, an immigration services provider, and a Director of Churchill Capital II and Clarivate Analytics. She also serves in leadership roles for several policy organizations, including: Chair, Advisory Committee for the Private Capital Research Institute; Co-Chair, Bipartisan Policy Center’s Main Street Finance Task Force; Member, Council on Foreign Relations; Member, U.S. Securities and Exchange Commission Small Business Capital Formation Advisory Committee; Director, National Bureau of Economic Research. She is a Member of the Harvard Corporation and a past Vice Chair of the Harvard Overseers.

Mills earned an AB in economics from Harvard University and an MBA from Harvard Business School, where she was a Baker Scholar. She is a recipient of the U.S. Department of the Navy’s Distinguished Public Service Award, and is a frequent guest on news outlets, including Bloomberg TV and CNBC, with recent op-ed placements in American Banker, Fortune, Forbes, The Hill, and Harvard Business Review.

Missed the last episode? Catch up  now...

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