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Trace Allen

Trace is passionate about building economies that prioritize public and planetary health. Driven by this north star, Trace is pursuing dual graduate degrees in
Business Administration and City Planning at the MIT Sloan School of Management and the MIT Department of Urban Studies and Planning, respectively. During his time at MIT, he has supported Newlab with geographically expanding its climate innovation platform, MIT CoLab with growth financing for employee-owned home care companies, and supported deal sourcing for Type II Partners, a sustainability-focused private investment vehicle, aka a search fund. Before coming to MIT, Trace served as Director of Capital and Community Advocacy at Propeller: A Force for Social Innovation, a New Orleans-based incubator providing technical assistance to startups and small business owners. At Propeller, he led Propeller's Social Venture Loan Fund and Community Economic Development Accelerator, driving capital access and local job creation.