Impact Audio
Closegap & Morgan Stanley: Where innovation arises & how it gets funded
Apr 9, 2024
Rachel Miller, founder of Closegap, and Joan Steinberg, CEO of Morgan Stanley, discuss Closegap's innovative technology for children's mental health. They cover the motivation behind the innovation, the application process, and the long-term impact of Morgan Stanley's funding.
32:09
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Quick takeaways
- Closegap's technology offers free mental health check-ins for K-12 students, aiding early intervention and support from teachers.
- Closegap's partnership with Morgan Stanley provides crucial funding, enabling scalability and enhancing organizational credibility.
Deep dives
Children's Mental Health Crisis: Increasing Demand for Support
High school students in the US are struggling with mental health, with a significant increase in sadness and suicidal behaviors in recent years. Despite the rising need, only half of US public schools provide mental health assessments, and even fewer offer treatment. The low funding allocated to mental health causes, with only 1.3% of foundation investments going towards this area, highlights the urgent requirement for more helpers to support children's mental health.
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