The Hult Prize is the world’s largest annual student competition and start-up platform for social good. It aims to identify and launch the world’s next wave of social entrepreneurs by encouraging students from around the world to compete in teams to solve the planet’s biggest challenges with innovative ideas for sustainable start-up enterprises. Annual Hult Prize winners can make their ideas reality with the help of USD $1 million in seed funding, as well as mentorship from a network of global leaders and changemakers.
This year’s challenge was “Refugees – Reawakening Human Potential”: Restoring the rights and dignity of 10M people by 2022. With a focus on people and societies who may be, or are forced into motion due to social injustices, politics, economic pressures, climate change and war, as well as those currently living in informal / illegal settlements.
OCAD U hosted its campus qualifying round on December 14, 2016. The winners of the qualifying round will bypass the traditional application process (20,000 applications!) and head straight to one of five final rounds of the competition in March 2017. The winning team was selected from a panel of esteemed judges including; Mathu Jeyaloganathan, Portfolio Manager of Impact Investing at World Vision, Marie Ang of the MaRS Centre for Impact Investing, and Ava-Dayna Sefa of LEAP: The Centre for Social Impact. Impressed with the OCAD U teams, the judges couldn’t just pick one! They selected 3 very close Runner Up and Honourable Mention teams.
OCAD U looks forward to keeping up with the team’s progress throughout the competition.
Good Luck, Team Sage!