IIM Bangalore will host the on-campus event of the Hult Prize competition, a prestigious global student competition, on February 27, after a hiatus of three years.
The annual competition, conducted by the Hult Prize Foundation, awards USD 1 million as start-up funding to a team of students that develops the most radical and breakthrough idea to solve one of the world's most challenging and relevant social challenges. The theme for this year is ‘Getting the World Back to Work’, which revolves around creating meaningful work opportunities as millions of people lost their jobs due to the COVID-19 pandemic. The event on February 27, the quarterfinal round, will be held in association with ICON – The Consulting Club at IIMB.
Intending to transform how young people envision their potential as leaders of change in the world around them, the Hult Prize Foundation is hosting college and university events globally, searching for the next, most disruptive social entrepreneurship idea.
The winners of the intra-campus event at IIM Bangalore will advance to compete in one among a dozen virtual regional summits. One winning team from each regional summit will then move onto a global accelerator programme, where participants will receive mentorship, advisory, and strategic planning as they create prototypes and set up to launch their new social business. On progressing to the global finals, the teams will pitch their business idea to an esteemed panel of judges and get the opportunity to receive funding of USD 1 million from the Hult Prize Foundation.
The Hult Prize Global Finals are scheduled for September 2022.
For more details about the event and registration, please visit the website: http://oncampus.hultprize.org/indianinstituteofmanagement
The Hult Prize is a start-up accelerator for social entrepreneurship that brings together the brightest college and university students from around the globe to solve the world's most pressing issues. The annual initiative is one of world's largest student competitions and crowdsourcing platforms for social good and has been funded by the Hult family since its inception in 2009.