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Opportunity Desk
Home»Contests»2015 Hult Prize – Win US$1 million to Start a Social Enterprise

2015 Hult Prize – Win US$1 million to Start a Social Enterprise

Opportunity DeskOctober 29, 20142 Mins Read
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Deadline: November 18, 2014

Applications are now open for the 2015 Hult Prize. How will you change the world with US$1,000,000 in seed capital to scale your start-up?

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. The annual competition aims to identify and launch the most compelling social business ideas—start-up enterprises that tackle grave issues faced by billions of people.

 

The Prize

Winners receive USD 1 million in seed capital, as well as mentorship and advice from the international business community.

The Social Enterprise Challenge

The 2015 Hult Prize “President’s Challenge” will be Early Childhood Education in the Urban Slum and beyond, as selected by President Bill Clinton at this year’s Clinton Global Initiative (CGI) Annual Meeting in New York. The challenge specifically asks teams to build sustainable and scalable social enterprises to address the early childhood education gap in kids 0-6 years old.

Moving forward with the sixth annual Hult Prize, thousands of university students worldwide will team up to create start-ups aimed at solving an issue faced by billions in need. More than 10,000 applicants will begin the journey, and only 300 start-ups from around the world will move on to pitch their start-up ideas at one of five global locations, including: Boston, San Francisco, London, Dubai and Shanghai.

A sixth regional final will be held on-line following the completion of the five in-person regional final events. Up for grabs is the coveted Hult Prize which comes with US$1,000,000 in start-up funding. While there is only one winner, each regional champion will get to spend the summer inside of the Hult Prize Accelerator —an innovative incubator for social enterprise and will receive a one year membership into the CGI.

Eligibility

Students past or present from any college or university in the world are invited to form teams of 3-5. There are only two conditions:

  1. All participants must have a connection with the same school
  2. 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.

Deadlines:

Earl Bird Deadline One – October 31, 2014
Second Deadline – November 18, 2014

For more information, visit 2015 Hult Prize.

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