Press Release – Philadelphia/ New York/ London, 12th April 2017: A team from INSEAD triumphed this weekend at the finals of the MIINT competition – the culmination of a six-month impact investing course run by Bridges Fund Management, a specialist sustainable and impact investor, and The Wharton School of the University of Pennsylvania.
Now in its sixth year, the MIINT (MBA Impact Investment Network & Training) is an experiential learning course that gives business and graduate school students a hands-on education in impact investing. This year’s MIINT course was the most ambitious to date, attracting more than 500 students from 25 leading schools around the world.
The culmination of the programme is the annual finals weekend at The Wharton School in Philadelphia, where the top student teams gather to network and pitch a live impact investing opportunity to a panel of expert judges – who this year included representatives from ReThink Education, Golden Seeds, Wonder Ventures, Omidyar Network, Bank of America Merrill Lynch, Bamboo Capital Partners, Prudential, Deutsche Bank, , Bridges Fund Management, LiquidNet for Good, and the Moelis Family Foundation.
After an intense two-day competition involving 125 students, the team from INSEAD– which was competing for the first time and included representatives from its Fountainebleau and Singapore campuses – won the Best Impact Investment Award, for its presentation on an India-focused healthcare training business. The team wins a potential $50,000 investment from Liquidnet and the Moelis Family Foundation, as and when the company completes a funding round of $500k (subject to final diligence).
The two runners-up – who both win a potential $25,000 investment from Liquidnet and the Moelis Family Foundation – were the Kellogg School of Management (Northwestern), who presented a telehealth platform improving access to mental health services in the United States, and the Fletcher School of Law and Diplomacy (Tufts), who presented a company seeking to improve access to credit for smallholder farmers in Pakistan.
The ‘Best Diligence’ award went to the Ross School of Business (University of Michigan), for its evaluation of a company that is trying to reduce medical errors with a mobile platform for health care professionals in the U.S..
The MIINT program has continued to expand and evolve since its launch in 2011. This year’s course introduced a Certificate of Completion from Wharton, plus additional support and networking opportunities in New York, San Francisco and London, and improved impact training as part of the online curriculum.