Global Conference 2011
The Next Generation of Social Entrepreneurs:<br>
Winners of the 2011 International Impact Investing Challenge
Tuesday, May 3, 2011 / 4:00 pm - 5:15 pm
With fresh thinking and an unlimited supply of creativity, a new generation of social entrepreneurs stands ready to harness the power of the marketplace to solve social challenges. The 2011 International Impact Investing Challenge was a showcase for rising stars in this field. Students from leading business schools were invited to design investment vehicles that create sustainable impact, with the size and scope to interest institutional investors. This session presented the winning concept from Sachpreet Chandhoke and Puneet Gupta, M.B.A. students from Northwestern University's Kellogg Graduate School of Management. Every year India loses 20 million metric tons of grain, an amount equal to the entire annual production of Australia. Chandhoke and Gupta aim to stem these losses through the Grain Depot Fund, a REIT focused on building grain storage facilities and renting them to small farmers in 460 villages in Punjab and Uttar Pradesh, the two largest grain-producing regions in India. Their idea has the potential to reduce hunger across India and provide value to both investors and small farmers.