The Hellenic Initiative Raises $1.9 Million At Inaugural Banquet And Honors
Andreas Dracopoulos, Muhtar Kent, And Andrew N. Liveris
With Prime Minister Samaras as an honored guest, The Hellenic Initiative also
announced several new social development initiatives including a global
Diaspora fundraising campaign OneGreece.org
NEW YORK, Oct. 4, 2013
NEW YORK, Oct. 4, 2013 /PRNewswire/ -- Last evening, at an Inaugural Banquet
marking The Hellenic Initiative's one year anniversary, the organization
raised $1.9 million, making the event one of the most successful fundraising
initiatives ever within the Greek-American community. Focusing on the theme,
"Investing in the Future of Greece," the banquet was attended by Greek Prime
Minister Antonis Samaras and prominent members of the Greek-American
community, including master of ceremonies George Stephanopoulos, Ambassador
John Negroponte, and several newly appointed Board members.
The event honored three outstanding individuals for their service to people of
Greece: Andreas Dracopoulos, Co-President of the Stavros Niarchos Foundation;
Muhtar Kent, Chairman and CEO, The Coca-Cola Company; and Andrew N. Liveris,
Chairman and CEO of The Dow Chemical Company. During the ceremony, they were
recognized for their longstanding commitment and many contributions to Greece,
especially in response to the economic crisis.
The organization also announced new initiatives to promote a culture of
entrepreneurship and catalyze economic development, enhancing The Hellenic
Initiative's ongoing efforts and vision to mobilize the Greek diaspora to
invest in the economic future of Greece. New initiatives announced included:
Global Awareness and Fundraising Campaign
oOneGreece.org: A global campaign to encourage the diaspora and friends of
Greece to contribute to THI's programs around relief, recovery, and
renewal. The campaign was launched with "We are One Greece," an
inspirational video of voices from the global Greek community.
oThe Hellenic Entrepreneurship Award launches new businesses through
intensive mentorship, business support and seed funding. Managed by the
Libra Group, which has committed over €5 million ($6.8 million) to this
award, the program selects entrepreneurs based on demonstrated innovation,
potential for job creation, financial discipline and social
oThe Hellenic Center for Entrepreneurship is a new program designed to
foster more – and more successful – entrepreneurs by building the
foundational skills critical to creating sustainable businesses. The
Center will be led by respected Greek educational institutions and staffed
by entrepreneurs in residence.
oThe THI Export Accelerator will focus on more established entrepreneurs
ready to expand in the export markets. Starting in the food sector, the
Accelerator will introduce high-performing Greek brands to potential
customers in the U.S. market with the aim of increasing sales, production
and job creation.
oThe Hellenic Investment Fund is an impact investment fund targeting a
"double bottom line" of investment returns and job growth. The fund will
provide growth equity to small and midsized companies that are the
backbone of the Greek economy and whose success is critical to fueling its
recovery. It is a standalone, for-profit fund managed by investment
professionals. THI will have no management or investment authority.
oThe Fellowship for a New Economy invests in human capital – the mindsets
and capabilities required to shape sustainable growth over the long-term.
Through the Fellowship, early-and mid-career Greek professionals will
complete 12-month rotations in leading U.S. businesses, building the
functional skills and mindsets to guide strategic growth in core economic
sectors. Fellows will also participate in a rigorous professional
development program to create a community of change leaders committed to a
shared vision of the future.
"The Hellenic Initiative was created to harness the desire and energy
expressed by the Greek Diaspora to help Greece in its time of need. The
collective voices of a growing and very driven group of leaders in the Greek
American community founded THI and the success of our inaugural banquet is a
demonstration that we can have great impact when given the opportunity to
unify around a set of objectives," said Andrew N. Liveris. "The attendance and
funds raised last night is evidence that our community is again rising to the
call to give back; not just in funds but also in programs that invest in the
next generation. We look forward to even more success through our new
Diaspora campaign, OneGreece.org."
During the event Muhtar Kent encouraged guests to get involved. "This is a
very personal and urgent cause for us. Greece needs our help today, not
tomorrow or the day after," Kent said. "As a global community we need to
support the nonprofits that provide a crucial safety net to families impacted
by the crisis and promote investment and stimulus to get the economy moving
again." The Niarchos Foundation was recognized for its leadership in providing
crisis relief in Greece and as a partner to shape THI's own humanitarian
programs that have committed $1 million to local relief organizations. "It is
the role of the global Greek community – in Greece and across the Diaspora –
to step up and address the ongoing crisis taking an economic and humanitarian
toll on the country. Crisis relief provides a stable foundation for any
effort to rebuild the Greek economy," said Andreas Dracopoulos.
Since its founding in 2012 by Andrew N. Liveris, Muhtar Kent, George M.
Logothetis, Chairman and Chief Executive Officer of Libra Group, and George
Stamas, Partner, Kirkland and Ellis LLP, The Hellenic Initiative has seen
significant growth both in scale and in the support offered by the Greek
diaspora and by individual and corporate sponsors. Within the last year, the
organization launched the Hellenic Entrepreneurship Award, contributed a total
of $1 million to programs focused on crisis relief, and developed a visionary
and aggressive set of programs focused on ensuring a strong future for Greece.
About The Hellenic Initiative:
Founded in 2012, The Hellenic Initiative (THI) is a global, nonprofit, secular
institution whose vision is to mobilize the Greek diaspora and philhellene
community to invest in the future of Greece through programs focused on crisis
relief, entrepreneurship and economic development. Oli Mazi – All Together.
Like THI on Facebook: http://www.facebook.com/thehellenicinitiative
Follow THI on Twitter: @THI_Hellenic
SOURCE The Hellenic Initiative
Contact: Samantha Cohen, The Hellenic Initiative, 212.886.9356,
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