The unique Frontier Market Scouts® program at the Monterey Institute of International Studies has won the Ashoka U - Cordes Innovation Award, given to innovative university programs focused on promoting social entrepreneurship.
At 59, Steve Hoberg had built his own successful manufacturing company and seen his three children through college. After turning management of the company over to his partner, he felt he was ready for a new chapter in his career and the Frontier Market Scouts (FMS) program at the Monterey Institute seemed like the perfect fit.
“My mind was blown a little bit,” says Katie Holmberg (MAIPS ’13) of her participation in the Social Enterprise World Forum (SEWF2012) in Rio de Janeiro last month. “Impact investing is becoming such a big thing.” Katie and Elma Paulauskaite (MAIPS ’12) travelled to the Rio after securing competitive scholarships introduced to them by Nelle Sacknoff (MPA ’12), global communications manager at NESsT.
The Frontier Market Scouts program at the Monterey Institute selects and trains aspiring professionals who are seeking a career in social venture and impact investing. This year, the program has placed over 20 people in 13 countries, working with social enterprises, impact investment funds and social accelerator programs for a period of two to six months.
Twenty-one Frontier Markets Scouts recently completed training at the Monterey Institute and took their first steps towards a career in impact investing. The Frontier Market Scouts program was jointly developed and managed by the Monterey Institute, Sanghata Global and Village Capital to turn compassionate and capable young professionals into talent scouts and investment managers serving local entrepreneurs and social-minded investors in low-income and weak-capital regions of the world.
The Monterey Institute of International Studies has launched the MIIS International Friendship Program, matching incoming international students from various degree programs with enthusiastic local families. The program provides a unique opportunity for students and local families to share their cultures and backgrounds with one another and learn something new. The local families are not expected to provide students with a place to stay, but rather to invite students to explore life outside of the campus.
Local businesses and student service providers offering everything from food and transport to banking and recreational opportunities introduced themselves to new and returning students at the Monterey Institute’s second annual Student Information Fair on Wednesday, August 24. The event drew a steady crowd of new and returning students and was a great success, connecting students, many of them new to the Monterey Peninsula, to service providers in the local community.
The fall is always an exciting time at the Monterey Institute where faculty, staff and returning students welcome a diverse group of new students from all over the world. This year the incoming class includes citizens of 33 countries and speakers of 22 native languages. What they discover during the first week of orientation is that now they all have one important thing in common—they are all citizens of the Monterey Institute community.
The Monterey Institute of International Studies will showcase the local and international achievements of its graduating students at the Graduate School of International Policy and Management’s second annual research and consulting projects expo (“GSIPM Expo”) on Friday, August 19.
Eight students from the Monterey Institute of International Studies’ Graduate School of International Policy and Management (GSIPM) recently departed to India, Nigeria, Tanzania and Vietnam where they will spend the next six months as pilot scouts for the new Frontier Market Scout Program (FMS).