Social Impact Opportunities Oct SOCIAL INNOVATION

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1 Social Impact Opportunities Oct. 2014

2 AGENDA Academics Career Management Resources Impact Investing Opportunities Social Entrepreneurship/Innovation Opportunities

3 Academics National search for replacement of Jamie Jones Not offering NUvention Impact this year Alternate offerings: KIEI 462 (New Venture Discovery) covers design thinking New course, GIM Impact covers international development KIEI 452 (Social Entrepreneurship) has been revamped to be domestic and project-based Net Impact is holding an academic overview session the week of Oct. 27

4 CMC Resources CMC has developed resource guides for the following social impact sectors: Clean Tech Corporate Social Responsibility Education Impact Investing International Development Nonprofit Net Impact Consulting /research_guides.aspx?cat=industry&gde=netimpact

5 CMC Resources

6 Impact Investing Opportunities

7 MBA Impact Investing Network & Training (MIINT) Experiential learning opportunity for students at U.S. business schools to source and conduct diligence on early stage impact investments Eleven participating schools: Kellogg, Wharton, HBS, Booth, Stanford, Ross, Utah, Berkeley, Columbia, Emory, Darden

8 MBA Impact Investing Network & Training (MIINT) 8 training modules and 4 student deliverables Final event: each school pitches to Investment Committee of impact investors for potential $50K investment as part of an existing angel round (Ron Moelis, CEO of L&M Development Partners) Three angel investments have been funded: Goalbook (Wharton, 2012) and LearnSprout (Wharton, 2013), Jail Education Solutions (Kellogg, 2014).

9 MBA Impact Investing Network & Training (MIINT) Resume and short answers due THIS FRIDAY October 17 along with brief interview for finalists More information and link to application available here 3-5 individuals chosen to form a team Paired with mentor, Tasha Seitz partner at JK&B Capital, CIO of Impact Engine, Professor of GIM Impact Receive course credit through Venture Lab in winter quarter

10 MBA Impact Investing Network & Training (MIINT)

11 Morgan Stanley Sustainable Investing Challenge (MSSIC) A pitch competition for graduate students Develop institutional-quality investment vehicles that seek positive environmental or social impact and competitive financial returns 2014 winners: Kellogg team Fresh Coast Capital Private equity vehicle to remediate contaminated land in the US via reforestation, targeting 6-11% returns through timber sales and land value appreciation Info session will be in late fall

12 TBLI SRI/ESG Conference TBLI=Triple Bottom Line Investing Kellogg and Booth are co-hosting TBLI SRI/ESG conference on JANUARY 23, 2015 in downtown Chicago Students are encouraged to attend, and we will be looking for volunteers to help with day-of activities More details to come

13 Impact Investing Alumni Hangouts Organizing series of Google Hangouts with Kellogg alumni working in impact investing space Opportunity for both students and alumni to get educated on various firms and latest focus areas/challenges in impact investing Details of first hangout TBD

14 Impact Investing Distribution List ~1x monthly s to students interested in impact investing Content includes Latest impact investing reports Upcoming events Project/ad hoc opportunities Elizabeth Coston to be added to the list

15 Social Entrepreneurship/Innovation Opportunities

16 Youn Impact Scholars Youn Impact Scholars is a new, prestigious award at Kellogg Awarded to the most innovative and creative Kellogg students and alumni passionate about social impact Open to ANY social impact career objective Non-profit, social entrepreneur, for-profit industry, etc. An opportunity to be a part of a collaborative social impact COMMUNITY First biannual convening planned for Spring 2015 One on one time with social impact leaders who come to campus Growing community of recent and more senior alumni A COMMITMENT to yourself, Kellogg, and the program community to become a social impact leader

17 Youn Impact Scholars Applications open from Sept 1-Nov 30 Decisions will be made and communicated by Jan 31 Student application available online Eligibility: Students: Final year of any Kellogg program Applicants who have utilized Project Impact support during their Kellogg tenure will be given special consideration

18 Youn Impact Scholars 2014 Student Scholars Elissa (Elise) Densborn: motivated by a desire to address inefficiencies in, and increase the security of, the global food system, to address food health and environmental challenges world-wide, and to drive sustainable socio-economic development. Meladee Evans: plans to establish a social enterprise that provides resources to help minority communities build and sustain healthy businesses and offers support for upward mobility. Katherine Hand: wants to help scale innovations, solutions and programs that intentionally focus on creating sustainable sources of opportunity for disadvantaged populations. Aki Kita: plans to develop a local business / government strategy or an entrepreneurial concept that reduces the risk of starting a small manufacturing firm to create sustainable middle-class jobs in the least-developed countries. Charag Krishnan: wants to facilitate partnerships between corporates and the international development sector and leverage technology to develop innovative, cost-effective solutions for pressing challenges in primary education and global health.

19 Hult Prize Hult Prize is a start-up accelerator for social entrepreneurship that invites students from around the world to come up with business solutions to the world s most intractable social issues. Over 10,000 students participate worldwide Selected teams compete in 1 of 5 global regional rounds Regional finalists work in the Hult Accelerator over the summer Finalists pitch their ideas at CGI s annual meeting The Hult Prize Champion receives $1M in seed funding

20 Timeline and Application Process 11/10 Team Application due 12/3 Top 10 teams compete in Hult Prize at NU 3/14 3/15 Regional finals Jul/Aug Hult Accelerator 9/22 Global Finals Form a team of 3-5 students (forming interdisciplinary teams is highly encouraged) Register at Team applications will be available online and sent via

21 Project Impact Funding available to support students aspiring to have a positive impact across industry sectors and functional areas May choose to form a new venture, or identify a specific intrapreneurial project where you can have significant and sustainable impact Can apply as an individual or a team Applications will be evaluated on a rolling basis by a review committee Requests may receive partial or complete support A final deliverable, agreed upon by the applicant and review committee, will be required More information and application available here

22 Project Impact Social Entrepreneurship Field Research Pilot/Prototype Support Competition Support Summer Internships Impact Investing Field Research Pilot/Prototype Support Competition Support Summer Internships Corporate Social Innovation Field Research Producing Research Reports Summer Internships

23 Project Impact 2014 awards Education Industry Club and Black Management Association cohosted high school case competition Exposed low income students in Chicago to business management and leadership HULT Prize (social entrepreneurship) teams traveled to regional finals London: pitched solution to improve chronic diseases in urban slums in West Africa Dubai: pitched direct supply chain model for medicine delivery Student interned over the summer at A Better Chicago Strategic and due diligence projects on impact investing Kellogg team from MSSIC traveled to Milken Conference Participated on impact investing panel & pitched their venture Pair of students prototyped online education venture

24 Kellogg Social Entrepreneurship Award $70,000 award Available to graduating students who are pursuing their venture full time Venture may take any legal form Must be independent and autonomous Must be in the start-up phase Central mission of the venture must be oriented to make a social impact Information and application available here

25 NewDay Awards Venture may take any legal form Must be independent and autonomous Must be in the start-up phase Central mission of the venture must be oriented to make a social impact Must be located in or benefitting Chicago Internship Available summer between first and second year $30K funding $5K can be used as living stipend Apply here Full time Available upon graduation $70K funding No payments to entrepreneur until business is profitable Apply here

26 NewDay Innovating for Chicago Series Throughout the year, will bring Chicago-based leaders to speak on social innovation and entrepreneurship If you are looking for your "Big Idea," speakers will help point you to areas that are ripe for disruption First up is John Tolva, former Chief Technology Officer for the City of Chicago and current President of PositivEnergy Practice Expertise in big data, big buildings and urban planning Talk 6.30pm) on The Value of Open Let us know if there are other topics/people you are interested in

27 Impact Engine Project Building a portable battery pack that provides uninterrupted power for schools in developing countries Solution is 1/10th the cost of existing packs, without sacrificing performance by reusing electric vehicle battery technology Unpaid opportunity, 8-16 hours total Comprehensive market research to help come up with financial projections for short and long term business model Looking for someone with market research/analytics experience If interested, Shiv (Founder) at shivr@totuspower.com

28 Contact: Elizabeth Coston Manager, Social Innovation #KelloggSI facebook: Net Impact Club HUB Club