Posted April 6, 2007

Northwestern Team Tops Field in Kenan-Flagler ‘Sustainable Venture’ Event

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CHAPEL HILL, N.C. – A team of students from the Kellogg School of Management at Northwerstern University walked away with top honors at the Kenan-Flagler Business School Sustainable Venture Capital Investment Competition.

The vent put on by the University of North Carolina school touts itself as the only MBA competition that focuses on financial profitability, environmental integrity and social equity.

Kenan-Flagler calls the three a “triple bottom line.”

Eight schools, including teams from UNC and from Duke, advanced to the finals.

The Haas School of Business at the University of California at Berkley took second.

The “Entrepreneur’s Choice” award went to a team from the University of Michigan’s Ross School of Business.

The MBA teams played the role of venture capitalists and worked with entrepreneurs representing real companies in evaluating business plans and developing an investment strategy. They then made pitches to a panel of venture capitalists.

Judges assessed teams based on ability to identify and mitigate risk, VC industry knowledge, application of triple-bottom line frameworks, communication and teamwork.

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