How will you change the world with $1M in start-up capital?
The Hult Prize Foundation is a start-up accelerator for budding young social entrepreneurs emerging from the world’s universities. Named as one of the top five ideas changing the world by President Bill Clinton and TIME Magazine, the annual competition for the Hult Prize aims to identify and launch the most compelling social business ideas—start-up enterprises that tackle grave issues faced by billions of people. Winners receive USD 1 million in seed capital, as well as mentorship and advice from the international business community.
The Hult Prize is offered in partnership with Former US President Bill Clinton and the Clinton Global Initiative. It is hosted and supported by Hult International Business School. And it is generously funded by Swedish entrepreneur Bertil Hult and his family. It has been called the "Nobel Prize for Students" by Nobel Prize Winner and annual jury member, Professor Muhammad Yunus.
Open to universities, colleges and students on every continent, the Hult Prize has grown to become the world’s largest student movement for social good. It is also the world’s largest crowd-sourcing platform. Participating annually are thousands of students from 130 countries, representing over 350 institutions of higher education. Competing schools included Stanford, Harvard, INSEAD, Hult International Business School, NYU, Columbia, American University Beirut, LBS, Hitotsubashi, St. Petersburg, and Tel-Aviv University. Nearly all of the Financial Times’ Top 100 MBA programs participate.
Each year, a critical social problem is selected by President Bill Clinton and a challenge issued. Teams of 4-5 students are challenged to develop an innovative start-up enterprise to eradicate the problem. Access to Education. Clean water. Affordable housing. Clean energy. Solar Power. These are a few of the issues competitors have tackled since the competition’s inception.
It’s a win-win for the world.
Solving Early Childhood Education in the Urban Slum
The 2015 Hult Prize "President's Challenge" will be Early Childhood Education in the Urban Slum and beyond, as selected by President Bill Clinton at this year's Clinton Global Initiative (CGI) Annual Meeting in New York. The challenge specifically asks teams to build sustainable and scalable social enterprises to address the early childhood education gap in kids 0-6 years old.
December 17: Final Application Deadline 11:59pm EST