Every year, the Wharton Impact Investing Partners (WIIP) seeks for-profit enterprises who are raising $250K – $1M, and whose mission statements incorporate a dedicated goal of positive social or environmental impact.
In addition to this opportunity, WIIP participates in the annual MBA Impact Investing Network and Training (MIINT), an exciting initiative sponsored by Bridges Ventures and the Wharton Social Impact Initiative. MIINT culminates in a yearly competition among students from leading business schools, and the winner of this competition wins the opportunity to receive a $50,000 investment from an independent investor. See the blog entry from the 2013 winner, LearnSprout, about working with WIIP.
By participating in our investment process, entrepreneurs benefit in a variety of ways, including:
Possible funding from accredited independent investors through Locust Walk Impact Partners and OurCrowd, as well as the MIINT competition
WIIP-led diligence and strategy projects
Potential for Wharton students to act as interns with the entrepreneur
August – November: Submissions accepted
December – February: Diligence conducted
March-April: Investment decision
What are we looking for?
Eligible businesses should meet the following criteria:
U.S. domiciled companies focused on a clear social mission
Seed- to early stage, seeking funding to grow
Profitable or has a clear plan to reach financial profitability
Currently raising $250k to $1m in equity funding (seed stage or Series A round) OR currently looking for additional equity ($50k prize from MIINT)
Provides a critical good or service in one or more of the following sectors: Education: Higher Education, Education: K-12, Energy and Environment, Financial Inclusion, Health and Wellness, Food and Nutrition
WIIP prepares students to apply sound business and investment principles toward complex social issues and become leaders in the impact investing industry. Each year, WIIP selects Wharton students based on commitment, experience, and industry knowledge. We provide high quality training on impact investing, our investment process, and portfolio management.
WIIP offers Wharton students an unparalleled experiential learning experience. Specifically, MBA students are offered a unique opportunity to:
Participate in training sessions regarding social impact, investment processes, early-stage valuation, and legal documentation
Learn how to be an early-stage investor by participating in all parts of the investment process, including:
Deal sourcing and screening
Operational and financial due diligence
Investment committee process
Fund formation and fund raising
Community interaction and external marketing
Become well-positioned to pursue a career in impact investing through:
Direct contact with leading social entrepreneurs
Training and first-hand experience in social impact evaluation and metrics
Unparalleled industry networking and impact investing job placement opportunities
Help shape the future direction of business education and the finance industry
WGA Joint Impact Information Session – Wed, 9/5 @ 12-1:20pm, JMHH classroom TBD
- WIIP @ Wharton Social Impact Happy Hour - Fri, 9/7 @ 5-7pm, Bonner's
WIIP-Only Information Session - Mon, 9/10 @ 12-1:20pm, JMHH G65
WIIP Coffee Chats - Fri, 9/7 to Tue 9/11 @ 10am-3pm, Various Locations (Coming soon)
WIIP @ Club Pub - Wed, 9/12 @ 6pm, Wharton Club Pub
WIIP Application Deadline – Thu, 9/13 @ 11:59pm, Online Form (Coming soon)
WIIP Interviews - Mon, 9/17-Fri, 9/21 @ 9am-7pm, Vance Hall & Huntsman
WIIP Retreat - Sat 9/29 to Sun, 9/30 full day (MANDATORY), Location TBD
If you are a prospective student and want to find out more about the Wharton Impact Investing Partners, please reach out to us on our contact page or come meet us at one of the above events. We look forward to hearing from you!
WIIP IS CURRENTLY FUNDRAISING TO BROADEN ITS INVESTMENT CAPABILITIES. WE OFFER MULTIPLE PARTNERSHIP MODELS, RANGING FROM A DONOR ADVISED FUND TO DIRECT AND ADVISED INVESTMENTS.
Impact Investors, Foundations, Firms and Individuals interested in partnering with WIIP should reach out to us on our contact page and we will promptly reply to discuss the best partnership formats.