The MIINT Becomes “Turner MIINT” Ahead of its Tenth Year
The MIINT (MBA Impact Investing Network and Training), the world’s leading experiential education program for graduate students interested in learning about impact investing, has been renamed as ‘Turner MIINT’ in recognition of a 10-year funding commitment from philanthropists Lauren and Bobby Turner.
Founded in 2011, the MIINT is co-produced by the Wharton Social Impact Initiative (WSII) and the Bridges Impact Foundation. It works with over 750 students annually, on 35 campuses around the world, and has nearly 3,000 alumni. The program culminates in a competition to diligence a seed-stage impact investment and present it for investment. Since 2011, $575,000 has been invested through the MIINT process in 15 companies, including LearnSprout (acquired by Apple) and Edovo.
Bobby Turner is the CEO of Turner Impact Capital, a fast-growing social impact investment firm focused on real estate solutions to address daunting societal challenges across the United States. Turner brings to MIINT a wealth of experience in leveraging social impact investment to promote racial justice and community-building. He and his wife Lauren, who are both Wharton alumni, have committed to fund the MIINT program for the next ten years.
Adwoa Asare, Program Manager of Turner MIINT, said: “We are very grateful for this generous long-term commitment from the Turners. It provides the MIINT with the stable financial footing we need as we seek out new ways of expanding the program to include more students from less traditional backgrounds, who remain underrepresented in the fields of impact investing and finance.”
The Turner MIINT also continues to enjoy the support of Ron Moelis and the Moelis Family Foundation, and Brian Walsh at Liquidnet. Between them, the Moelis Family Foundation and Liquidnet have committed the seed capital for all the winning early-stage companies presented to the MIINT investment committee to date.
Brian Trelstad, a partner at Bridges, said: “The MIINT would not be what it is today without the support of Ron, Brian, and countless others. We are excited to add Bobby Turner to the MIINT family, where his support can help us leverage the best of both worlds: the academic rigor of Wharton, plus the practitioner experience of impact investors like Bobby and others on the MIINT steering committee.”