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.
University of Oxford, Saïd Business School; University of Oxford, Smith School of Enterprise; University of Oxford, Environment and Medical Research Council Brain Network Dynamics Unit
2021 Winner
BeeBank & Brokerage
Pooling loans and contract assurance to help beekeepers scale operations and expand practices that drive biodiversity conservation.
University of Edinburgh Business School; University of Edinburgh School of Engineering
2021 Runner-up
Fund for E-Bus Batteries
A leveraged fund financed by private equity and asset investors seeking to help accelerate the adoption of electric buses in The Netherlands, by creating a solution for second-life application of batteries.
Columbia University, School of International and Public Affairs; Columbia University, School of Professional Studies
2021 Finalist
Kazakhstan Solar Desalination Fund
An infrastructure-focused private-equity fund investing in floating solar farms on the Caspian Sea to provide clean and affordable energy to desalination plants in Kazakhstan.
New York University, Stern School of Business; Queen's University, Smith School of Business; Sciences Po University; University of Toronto, Rotman School of Management
2021 Finalist
Gloria Insurance
An optimized, index-based insurance solution for climate-related disasters, managing for moral hazard risk while helping to expedite insurance-payout claims for farmers in Madagascar.
Yale University, School of Management; Yale University, School of the Environment
2021 Finalist
Sustainable Infrastructure Debt Fund
A debt fund that would fill a gap in capital flows to sustainable infrastructure projects in developing countries and provide a first-loss hedge for institutional investors to enhance projects’ credit profiles.
Northwestern University, Kellogg School of Management
2021 Finalist
Incarceration Investment Fund
A mutual fund designed to provide access to working capital for incarcerated individuals upon their release from prison. Investors may include soon-to-be incarcerated individuals as well as impact-driven investors and donors.
University of California, Berkeley, Haas School of Business; University of Pennsylvania, Wharton School
2021 Finalist
Solar Cycle Fund
A private-equity fund designed to harness the extended life of decommissioned solar panels, helping to reduce waste through second-life equipment deployment in developing nations.