The International Impact Investing Challenge, sponsored by the Kellogg School of Management and Johnson Cornell University, is an invitation-only pitch competition focused on designing investment vehicles that create sustainable impact and are of the size and scope that would be of interest to institutional investors. Students are challenged to propose and defend a sustainable investment strategy for an institutional investor that has a $10 million mandate for making sustainable investments.

Twelve MBA programs will be invited to send one team to represent their program at a final competition at the J.P. Morgan headquarters in New York on April 8, 2011. A selection panel of experienced investors and officers who currently manage family foundations, pension funds, university endowments, etc. will review the pitches. Judging criteria rewards high performance and sustainability-driven investments. Portfolios will be judged for an understanding of the interdependence among business, society and the environment for a competitive advantage.