Applications are now open for THE IFC IMPACT INVESTING CHALLENGE 2024 FOR GRADUATES. The IFC Impact Investing Challenge is a preeminent competition for graduate students worldwide.
Application Deadline: April 15th 2024, at 11:59 pm EST.
This challenge, which is being hosted by the International Finance Corporation (IFC), a pioneer in impact investing, provides an unmatched opportunity to interact directly with IFC employees and submit creative solutions to the senior leadership group. This is the closest thing to impact investment in the real world. Almost 150 teams from the top universities in the world have taken part in past rounds of the Challenge. The subjects covered in these editions have included, among others, “MSME Financing” and “Just and Green Recovery.”
The 2024 Edition: Gender-Climate Nexus
The IFC Impact Investing Challenge 2024 invites students globally to delve into the critical intersection of climate action and gender equity. This year’s challenge will focus on the challenge of climate change and its disproportionate impact on women and marginalized communities. Through this lens, we invite you to propose an innovative proposal in designing a debt or equity fund that not only addresses these disparities but also harnesses the potential of green economies to empower women in developing countries.
Eligibility for THE IFC IMPACT INVESTING CHALLENGE 2024 FOR GRADUATES
- Open to graduate students from IFC member countries.
- Current World Bank Group employees (staff and consultants) are not eligible to take part in this challenge.
- Category I Relatives of World Bank Group employees are not eligible to take part in this challenge. Category I Relatives include relatives by blood or adoption – mother, father, son, daughter, sister, brother, half-sister, half-brother, aunt, uncle, niece, and nephew.
Benefits for THE IFC IMPACT INVESTING CHALLENGE 2024 FOR GRADUATES.
- Real-World Experience: Dive deep into the realm of impact investing, guided by the expertise of IFC, the largest global development institution focused on the private sector in emerging markets.
- Global Platform: Showcase your innovative ideas on a global stage, with the chance to make a tangible difference in developing countries.
- Exclusive Training: Get exclusive access to master classes on impact investing and impact management from IFC professionals, along with soft skills training on drafting investment proposals and effective pitching.
- Meet IFC Senior Leadership: If you make it to the finals, you will get a chance to come to Washington, D.C. to pitch your ideas in front of IFC’s senior leadership team, and an exclusive networking event with IFC management.
- IFC Impact Investing Fellowship: Embark on a two month paid fellowship with IFC, working alongside investment teams on real-world deals to bring your innovative ideas to life.
- Career-Defining Exposure: Gain significant exposure, enhance your CV, and earn the prestigious title of IFC Impact Investing Challenge Winner.
Challenge Timeline (Tentative)
- Proposal Submission Deadline: April 15, 2024
- Masterclass: Spread over the last two weeks of April, 2024
- Detailed Proposal Submission Deadline: May 10, 2024 (Tentative)
- Announcement of Finalists: Mid-May 2024
- Grand Finale: Early June 2024
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