The Kellogg-Morgan Stanley Sustainable Investing Challenge seeks to identify outstanding proposals offering novel investment strategies to meet some of the most pressing global challenges ahead. As the world’s population approaches 9 billion people by the year 2050, the challenge of meeting human demand for scarce global resources will intensify. The Kellogg-Morgan Stanley Sustainable Investing Challenge is looking for innovative investment ideas that balance the tension between financial and social return rather than sacrifice either priority. There is no limitation on asset class or investment vehicle and teams are encouraged to think creatively. The focus is on investment vehicles and fund strategies versus companies.
Deadline: February 20, 2018
- Graduate students from around the world are invited to participate in the Kellogg-Morgan Stanley Sustainable Investing Challenge.
- Teams are limited to a maximum of four members, all of whom must be enrolled in a graduate program at the time of the prospectus submission, and the team cannot include more than one member who is pursuing an Executive MBA.
- A team may include members from different graduate schools.
- All ideas must be the original ideas of the team members.
- Each team is required to submit a two-page prospectus outlining their proposal.
- From the submitted prospectuses, ten teams will be selected to present at the finals competition.
- At least one team member should be available to present at the finals competition, if the team is chosen to advance to that round, and all team members attending the finals competition should plan to stay for the entire event.
Please note that any team member not in attendance at the finals competition will not share in any prizes awarded to that team.
$15,000 in prizes will be awarded to the winning teams. Awards will be made for the overall quality of the proposals based on the judging criteria.
- Overall First Place: $10,000
- Overall Runner-Up: $5,000
Along with the overall first place prize money of $10,000, the winning team will be invited to attend and present on a panel with Dave Chen, CEO and Principal of Equilibrium Capital and co-founder of the Challenge at the Milken Global Conference in Los Angeles. The conference convenes approximately 3,500 of the best minds in the world to tackle the most stubborn challenges.
Entry Submission Requirements
- Two-page prospectuses must be submitted by February 20, 2018 11:59PM CT.
- The prospectus should outline a unique sustainable investment strategy.
- The selection committee is familiar with the broad area of sustainable investing, so avoid overemphasizing general observations about this section of the market.
- A list of required elements is below. See the 2012 webinar series here. Take special note of two short videos entitled “Why You Should Participate” and “Expectations for Your Prospectus.” The judging criteria used in this round is the same as that used in the final competition.
- Ten finalist teams will be announced by March 12, 2018. These teams will be flown to London and will be provided with two nights of lodging, and are expected to present their proposal at the finals competition on April 13, 2018.
Prospectus Required Elements
- Investment thesis
- Target geography
- Size of addressable market
- Estimate of scalability
- Risk factors
- Diagram of fund or instrument
- Asset class and capital structure
- Fees and incentives
- Target investor pool(s)
- Fund size
- Investment size and investment criteria
- Due diligence process
- Returns and cash flows (If instrument requires concessionary returns, proposed migration path to achieving market rate returns)
- Time horizon
- Environmental or social impact
- Metrics for social impact
Apply: Submit a Prospectus
Visit the Challenge webpage for more information