The Hult Prize Foundation transforms how young people envision their own possibilities as leaders of change in the world around them.
With a US$1,000,000 global startup prize as its anchor activity, the Hult Prize has brought impact-focused programs, events and trainings to over a million students globally, creating a pathway for youth everywhere to take action to build a better world.
Each year, a pressing social challenge is selected by President Clinton and becomes the theme for the respective cycle. The 2021 Hult Prize Challenge provides a specific and measurable objective that each participating team is intended to solve through the creation of a sustainable enterprise.
In March, selected participants are invited to pitch their start-ups that specifically address the challenges identified in that year’s challenge. A clearly defined framework is also provided to ensure your idea contains the necessary qualities and mandates to be an innovation breakthrough.
Students will be responsible for any travel costs associated with competing in the Hult Prize. Fundraising and university support is common.
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Students from any college or university in the world are invited to form teams of 3-4.
You are considered a student if at the time of application submission, you have not yet graduated. Alumni and faculty are not allowed to be official team members.
Up to 10 teams will advance to attend the 5-week accelerator program. Throughout the program, teams will be coached and evaluated. The top six will advance to the Global Finals.
Each year the Hult Prize provides one million dollars in seed capital to the winning impact enterprise of it’s flagship program. The prize money is seeded into the newly created company, which will be run by the student team who came up with the idea.
Final application deadline: December 23, 2020.
For more information please visit http://www.hultprize.org/challenge/