The Sorensen Impact Center internship gives students the unique opportunity to be a part of the world’s first student-run impact investment firm.
What is Impact Investing?
Impact Investing is the active placement of capital in businesses and funds that generate social and environmental benefit while simultaneously generating financial returns. Departing from a strict separation of the financial and philanthropic worlds, impact investing blends best practices from traditional asset management, private equity and venture capital investing, business development, international and domestic economic development, and environmental innovation to support enterprises that maximize financial returns and social good.
Impact Investing Initiative
The Impact Investing Initiative at the Ballard Center focuses on experiential learning with leading social investment firms, impact investors, social entrepreneurs, innovative non-profit organizations, and foundations to identify, assist, and fund social enterprises with significant potential.
The first student-run impact investing firm in the world was founded in partnership with the Ballard Center; David Eccles School of Business at the University of Utah; entrepreneur, business leader, and societal innovator James Sorenson; and global impact investor Geoff Woolley. Originally called the University Impact Fund (UIF), it is now named the Sorenson Impact Center.
Today the Sorenson Impact Center is an $18 million independent venture fund that leverages the skills of undergraduate and graduate students throughout the state. Lewis Hower, SGII Center executive director, is a Ballard Fellow.
How to Get Involved
Bridge the gap between business and social cause by applying for the Sorenson Impact Center internship program and gain the following benefits:
- Experience: At the center students work alongside leading investment funds, foundations, and social enterprises to analyze investment opportunities in emerging markets. Student associates play a critical role in the investment analysis from day one.
- Global Network: Students have access to an extensive network and interact daily with leading industry experts, investors, and social entrepreneurs throughout the world.
- Career Development: Through the Sorenson Impact Center’s extensive training and experience, students develop skills necessary to pursue a wide variety of careers, including venture capital, private equity, impact investing, and social entrepreneurship. The center offers students unparalleled opportunities to start their careers in exciting industries and regions throughout the world.
- Internship Timeline: Internships start at the beginning of BYU’s spring terms and fall semesters. Students should keep their eyes open regarding internship application deadlines during the months prior to the beginning of the internship. By signing up for the Ballard Center newsletter, you will be informed of Sorenson Impact Center information sessions on BYU campus.
For more information on impact investing, take a look at the following resources:
- Investing for Social and Environmental Impact, Monitor Institute
- Impact Investments: An emerging asset class, J.P. Morgan Global Research
- More than Money: Impact Investing for Development, Center for Global Development
- Global Impact Investing Network