Shomik Dutta is a co-founder and partner at Higher Ground Labs, an accelerator and venture fund for the Democratic Party. Shomik co-founded Higher Ground Labs in the wake of the 2016 election and has since invested $20 million into 40 technology start-ups that support over 6,000 Democratic campaigns, causes, and labor unions. Shomik began his career in Democratic politics and worked as a longtime political aide to President Obama. In 2008, Shomik served as Mid-Atlantic Finance Director to Obama for America and later served as a special assistant in the White House and as an aide on the Obama Biden re-election campaign. He also served as an Advisor to the Chairman of the Federal Communication Commission. Shomik later worked in renewable energy, overseeing the development, planning, and financing of utility-scale solar projects in Asia and Sub-Saharan Africa. Shomik earned his BA from Williams College and his MBA from Wharton Business School. He has served as a Fellow at the Harvard Kennedy School and at the University of Chicago. His work has been featured in Vanity Fair, The Washington Post, and The Financial Times.
How for-profit impact investing has transformed innovation in politics and started a commercial revolution in American civics.