Past Finalists and Winners

The prospectuses and presentations of Kellogg-Morgan Stanley Sustainable Investing Challenge finalists are not only a great reference for participating students, but are an evolving record of the evolution of the field of sustainable finance, and, in some cases, early iterations of what have now become successful ventures. 

Click through each year below to see the prospectuses and final presentations that were deemed the strongest in that year of the competition.

2011  •  2012  •  2013  •  2014  •  2015  •  2016  •  2017  •  2018  •  2019

Haas School of Business at UC Berkeley

2015 Winner
Blue Forest

Monetizing the shared benefits of forest management in the US.

National University of Singapore Business School

2015 Runner-up

Empowering displaced farmers in Colombia through real estate.

New York University Stern School of Business

2015 Finalist
GreenTop Capital

Leasing rooftop greenhouses in the US.

Rotman School of Management at University of Toronto

2015 Finalist
Prairie Lake REIT

Financing precision agriculture in Canada.

Yale School of Management

2015 Finalist
Flood Mitigation Impact Bond

Financing flood mitigation infrastructure in the US.

New York University Stern School of Business

2015 Finalist
Million Ton Carbon Capture Fund

Monetizing carbon capture and storage in the US.

College of Business at San Francisco State University

2015 Finalist
Moringa Tree Fund

Mitigating desertification in Ghana through farming cooperatives.


2015 Finalist

Financing rural clinical infrastructure in Morocco.

London Business School

2015 Finalist
Enpower Capital

Providing working capital finance to renewable energy entrepreneurs in Sub-Saharan Africa.

Kellogg School of Management at Northwestern University

2015 Finalist
Floating Green Capital

Financing controlled environment agriculture systems in the US.

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