Many social-impact contests reward student entrepreneurs. But last weekend’s MIINT (for MBA Impact Investing Network & Training) competition may be the only one that selects students for their abilities as investors.
The finals at Wharton in Philadelphia capped a six-month lab that helps MBA students “think like an impact investor” by having them identify, diligence and present an actual venture to a hypothetical investment committee.
The team from INSEAD’s Singapore campus took the top prize and the opportunity for a $50,000 investment for the online medical education company they pitched to the judges.
A team from the Kellogg School of Management at Northwestern University took the first of two runner up prizes for its presentation of a behavioral health platform. The other went to a team from Tufts’ Fletcher School for their pitch for an online marketplace for agricultural finance.
The competition drew more than 600 students in its sixth year, demonstrating “the global appetite for this kind of program,” said Brian Trelstad, a partner at Bridges Fund Management, a co-sponsor of the competition with the Wharton School.
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Photo credit: Wharton