Hult Prize

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The Hult Prize is the world's largest student competition for social good. Established in 2010 by Bertil Hult, the annual, year-long competition crowd-sources ideas from MBA and college students after challenging them to solve a pressing social issue around topics such as food security, water access, energy, and education. The Hult family - founders of EF Education First - donates USD 1 million in seed capital to help the winning team launch a social enterprise. The Prize is a partnership between Hult International Business School and the Clinton Global Initiative. Bill Clinton selects the challenge topic and announces the winner each September. Clinton mentioned the Hult Prize in a TIME Magazine article about "the top 5 ideas that are changing the world for the better".

Video Hult Prize

History

In 2009, Ahmad Ashkar left the banking industry during the economic downturn to pursue an MBA at Hult International Business School. A lecture given by One Laptop Per Child director Chuck Kane introduced Ashkar to the concept of social entrepreneurship and sparked his idea for the Hult Prize (originally called the Hult Global Case Challenge). In 2013, the Prize attracted more than 10,000 MBA and undergraduate applicants.

Maps Hult Prize

Partnerships

In 2010, the competition focused on education in partnership with One Laptop Per Child. The 2011 event partnered with water.org to focus on the provision of clean water. In 2012, Hult Prize partnered with Habitat for Humanity, One Laptop Per Child, and Solaraid to address poverty through the provision of education, housing, and energy. The 2013 event inaugurated the Prize's formal partnership with CGI and addressed the global food crisis.

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References

src: www.hult.edu

Further reading

• Mazzoni, Mary (8 November 2016). "The Hult Prize: Incubating for Impact". Triple Pundit. Retrieved 9 April 2017. 

• Melby, Caleb (30 April 2012). "Hult Global Case Challenge Is Changing The Social Business Paradigm". Forbes. Retrieved 9 April 2017. 

• Woodward, Vivienne (7 April 2017). "The $1 Million "Nobel Prize" For Social Entrepreneurs Now Dedicated To Refugees". GOOD Money. Retrieved 11 April 2017. 

• Bahree, Megha (11 January 2015). "A million dollars to solve the world's problems". USA Today. Retrieved 9 April 2017. 

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External links

• Official website

Source of the article : Wikipedia