Apply for the 2015 Hult Prize – Win US$1,000,000 to start a Social Entreprise
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.
http://www.hultprize.org for more info
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