For the third time in recent years, a team from the Yale School of Management has won first prize in the Turner MIINT Impact Investing pitch competition organized by the Wharton Social Impact Initiative at the Wharton School at the University of Pennsylvania. Joshua Brown ’23; Grace Buie ’23, joint degree candidate with the School of the Environment; Aakash Dattani ’23; Talia Kula ’23; and Ryan Mikkelsen ’23 won the Moelis Family Foundation award, winning a $50,000 investment for Carbix, the startup startup they researched, researched, and pitched to the judges. The team beat the largest field of competitors in the history of the competition to win the prize.
“The victory was the culmination of months of hard work,” Mikkelsen said, adding that he and his teammates beat four other teams in an internal competition at Yale SOM to advance to the final competition at Wharton.
“We started working together as a team in early October last year, focusing on climate change as a sector,” Mikkelsen said. “We met weekly for the past semester to develop an investment thesis, contact startups and interview founders until we found a company that we felt was a compelling investment, both from a business perspective. impact only from a financial point of view.”
The team selected Carbix, “a carbon sequestration company that continuously removes CO2 from the air by turning it into rock,” Mikkelsen said.
Read more about the Yale SOM team victories at MIINT in 2018 and 2019.
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