2016 Hult Prize Challenge: Win $1,000,000 in start up funding

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Deadline: 18 December 2015

The Hult Prize is a start-up accelerator for social entrepreneurship which brings together the brightest college and university students from around the globe to solve the world’s most pressing issues.

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Hult [email protected] gives participants an opportunity to bypass the traditional Hult Prize application process and fast tracks your team and idea through to one of five regional final rounds of competition. The program allows more students to compete around the world, leading to more ideas and ultimately more start-ups. Annual Hult Prize winners can make their ideas reality with the help of USD1 million in seed funding.

2016 Hult Prize Challenge Topic

The 2016 Hult Prize Challenge as selected by President Bill Clinton is Crowded Urban Spaces.

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The Crowded Urban Spaces topic will focus on economic inclusion, more specifically, doubling the incomes of the residents who live in some of the toughest conditions in the world through improved mobility and increased connectivity to people, products, services and capital by 2022.

Benefits

  1. USD 1 Million Seed Capital
  2. Mentorship
  3. Advice from International Business Community

Participation

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  • University students should team up to create a start-up aimed at solving an issue faced by billions in need; and submit the project.
  • The short listed teams will participate at one of the regional final locations and pitch their project.
  • A regional champion will be announced and the champion team will receive one year membership into the Clinton Global Initiative and an opportunity to spend the summer at the Hult Prize Accelerator – an innovative incubator for social enterprise.
  • These regional champions will pitch their idea in the Global Finals. Global leaders will be selected and awarded the startup capital to implement project.
  • The Global Champion will launch the start-up. They will also receive mentoring and advice to work on the social enterprise.

Eligibility Criteria

  • Students past or present from any college or university in the world are invited to form teams of 3-4. There are only two conditions:
    • All participants must have a connection with the same school
    • A maximum of one alumnus who cannot also be a faculty member of the school
  • You are considered a student if at the time of application submission, you have not yet graduated.
  • While only teams may compete, individuals who cannot form a team but are interested in competing should join the Facebook community to find others individuals who are looking to form teams.

How to Apply

Applicants can upload resumes of the team members and one team statement of purpose into the online application system.

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For more information and to apply online, please visit The Hult Prize Competition.

Comments

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