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eBay billionaire funds centre for social business at Oxford

Howard Lake | 27 November 2003 | News

Jeff Skoll, former president of online auction company eBay, has donated £4.4 million to the Said Business School to research businesses that trade for social benefit.

The donation was made the Skoll Foundation which has $300m under investment. Skoll himself has been ranked the fourth wealthiest person under 40 by Fortune magazine.

 

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The donation is for the establishment of the world’s first academic centre for the study and promotion of businesses that trade for a social purpose. The Skoll Centre will begin by offering a one-year MBA in social entrepreneurship aswell as conducting research.

 

 

Alison Benjamin offers a profile of this development in SocietyGuardian.

 

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