RUET Live: Rajshahi University of Engineering & Technology (RUET) Selected to Host local edition of Hult Prize as students answer the United Nations Challenge and go head-to-head for US$1M
Hult Prizerecently announced that RUET has been selected to host a local edition of the Hult Prize, the world’s largest student competition for the creation of new social businesses. The annual Hult Prize awards one million dollars in start-up funding to the team of students that develops the most radical and breakthrough idea to solve one of our world’s toughest social challenges.
In partnership with the United Nations, the Hult Prize is hosting college and university events around the world in search of the next game-changing start-up. Shamiul Islam Shifatwill be leading the Hult Prize at RUETOn Campus Program, and is confident that his peers on campus have as good as chance as anyone to go all the way and with this year’s Hult Prize.
The winner of the intra-campus event will automatically advance to compete in one of fifteen regional finals happening around the world. One winning team from each host city will then move onto a summer business incubator, where participants will receive mentorship, advisory and strategic planning as they create prototypes and set-up to launch their new social business. A final round of competition will be hosted in September, where the winning team to be awarded the $1,000,000 prize.
“The Hult Prize is a wonderful example of the creative cooperation needed to build a world with shared opportunity, shared responsibility, and shared prosperity, and each year I look forward to seeing the many outstanding ideas the competition produces,” Clinton has stated.
About the Hult Prize Foundation: 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 the world’s largest student competition and crowd-sourcing platform for social good, and has been funded by the Hult family since its inception in 2009. To learn more, visit www.hultprize.org.
Dhaka, 13 July, (campuslive24.com) //MI