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UPM hosts local edition of Hult Prize 2019

 

The Hult Prize Foundation is a start-up accelerator for budding young social entrepreneurs emerging from universities around the world. Named as one of the top five ideas changing the world by President Bill Clinton in TIME Magazine, Hult Prize aims to create and launch the most compelling social business ideas—start-up enterprises that tackle grave issues faced by billions of people. It is also known as "Nobel Prize for Students", Hult Prize has become an prestigious global competition that encounters young people to solve the world's toughest issues by empowering them to earn profit, and at the same time making lives better for millions of underprivileged people. Firstly, teams at the campus round will have to fight each other and the top teams will be going to the regional finals. Finally, the winners of the regional finals will have the chance to join the Hult Prize Accelerator Program, taking place in UK at Ashbridge Castle.. Finally the top six team from the castle will be heading to pitch at the United Nation HQ, competing for $1M prize money. This is a case-solving competition where participants strive to develop the best solution to a business or education related case or challenge study within the allocated time frame.

 

Hult Prize at Upm was held on 22nd December 2018. 15 teams participated this year and among them, Team ‘Oryza’ won the title for Hult Prize at UPM. Team ‘Maker-Hub’ won first runner up and Team ‘Impetus’ won 2nd runner up, accordingly. This year the best team from UPM is going to get a chance to represent their university in one of the 25 regionals happening all around the world. Team Oryza, the winning team of this year’s Hult Prize at Upm will be selected in one of the regionals where they will be able to show their brilliant ideas and remarkable talent.

 

Special thanks to the Campus Director, Ismam Fatin Zishan and his organizing committee members. The on campus round was a great success for UPM for their enthusiastic efforts. The high profiled judges were really impressed with the hostility and offered free work space at their own office for the training of the winning team. Mr Fazil Irwan, one of the judges and the regional director for World Startup Festival said he would like to work with them again and offered free training in collaboration with iFFINTELL from January at WSF Co working space. Moreover the CEO of iFINTELL Dr. Ashraf as the strategic partner for Hult prize UPM was also present in the event.

 

Team Oryza the winning team of Hult Prize at UPM 2019

 

Hence, young students can find out their hidden potentials and get an environment for working with renowned companies across the globe. Again this kind of competitions give them enough confidence to start up their own business, encourage them to fight against global problems and thus youngsters are getting ready to solve the upcoming challenges in futures ages.

 

By : Ismam Fatin Zishan, Campus Director, Hult Prize at UPM

Date of Input: 04/01/2019 | Updated: 04/01/2019 | mshahrul

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