Morgan Stanley Multicultural Innovation Lab
Alice Vilma has been a managing director with Morgan Stanley for more than 12 years and has 20 years of investment banking, capital markets, structured finance, and investing experience across various asset classes and sectors. During that time, she’s executed over $25 billion of securitization, structured finance, and equity transactions. More recently, Vilma has been one of the coheads of the Morgan Stanley Multicultural Innovation Lab, which is the company’s in-house accelerator for companies led by women or a multicultural founder.
Why They Made the Worthy 100: As one of the heads of the Morgan Stanley Multicultural Innovation Lab, Alice Vilma is able to help create a more inclusive investment landscape for women and diverse founders who run technology or technology-enabled startups. “We provide a unique opportunity,” says Vilma, “for disruptive startups to access capital, accelerate their business and increase their visibility.” The successful program, which Vilma helped launch in 2017, is now in its fifth year, and has some very impressive stats: There have been 59 startups that have participated in the lab to date, which have collectively received $157 million in additional funding after participating in the lab. And according to the lab, the combined valuation to date of companies that have participated in the lab is $673 million.
But more important than those figures is that Vilma and the Multicultural Innovation Lab have helped build a diverse community of like-minded founders, who are keenly aware of the same challenges that exist in the marketplace for these startups and are there to offer help and support.