Impact Investing Practicum is an eight week consultation (128 hours) offered to impact investing firms by the Haas School of Business, UC Berkeley. Impact Investing helps firms develop solutions, creating value for the firm by leveraging the financial and social impact backgrounds and skills of Haas MBA students. 8 FTMBA students were selected for the 2018 inaugural year.This applied innovation course is co-taught by Adair Morse, Associate Professor, Haas Finance Group, and Nora Silver, Faculty Director and Adjunct Professor of the Center for Social Sector Leadership; with programmatic management by Seren Pendleton-Knoll, Associate Director of the Center for Responsible Business. The practicum is run in conjunction with the second half of the Haas course New Venture Finance, taught by Adair Morse, which educates students in venture landscape, raising finance, and financial contracts and notes. Nora Silver and Adair Morse met with the student teams to provide regular oversight.
Impact Investing Information Session & Application Release: Wednesday September 19th, 11:00 AM
Impact Investing Application Due: Sunday September 23rd, 11:59 PM
Impact Investing Notification: Friday October 5th
Impact Investing Final Confirmation: Monday October 8th, 9:00 AM
March 2019-April 2019: 8 week externship
~April 30-May 4 2019: Final Presentations & Deliverables
Patagonia's Tin Shed Ventures
Students examined a global landscape for the impact investment in renewable energy. They began by considering the mode of energy production through of a lens of understanding resource opportunities and government subsidy advantages in different markets. They then developed entry strategies for deploying capital and financial structures, in the end proposing best partners with which to work in that region.
The SF Foundation
Students developed a mission-aligned investment strategy proposal for The San Francisco Foundation that supports their mission of building strong communities in the five counties of the Bay Area, and their strategy of advancing racial and economic equity.
Please email Seren Pendleton-Knoll for information about applying for Impact Investing Practicum.