IIM Raipur To Host Local Edition Of Hult Prize Competition
Hult Prize recently announced that Indian Institute of Management Raipur has been selected to host a local edition of the Hult Prize, the world’s largest student competition. The annual Hult Prize awards one million dollars in start-up funding toa team of students that develops the most radical and breakthrough idea to solve one of our world’s toughest social challenges.
In partnership with former President Bill Clinton and the Clinton Foundation, the Hult Prize is hosting college and university events around the world in search of the next game changing start-up. Abhishek Solanki will be leading the Hult Prize at IIM Raipur initiative, and is confident in his/her fellow classmates’ chance to go all the way and win this year’s Hult Prize.
The winner of the intra-campus event will advance to the National finals of Hult Prize India. The Top 10 Hult Prize India winners will automatically advance to compete in one of five regional finals happening across the world in Boston, San Francisco, London, Dubai and Shanghai. One winning team from each host city will then move onto a summer business accelerator program, 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 by the Clinton Global Initiative at the Annual Meeting in September, where CGI delegates will select a winning team to be awarded the $1,000,000 prize by President Clinton himself. In the words of Clinton, “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.”
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 crowdsourcing platform for social good, and has been funded by the Hult family since its inception in 2009. To learn more, visit www.hultprize.org.
About The Clinton Global Initiative
Established in 2005 by President Bill Clinton, the Clinton Global Initiative (CGI), an initiative of the Bill, Hillary & Chelsea Clinton Foundation, convenes global leaders to create and implement innovative solutions to the world’s most pressing challenges. CGI Annual Meetings have brought together more than 150 heads of state, 20 Nobel Prize laureates,and hundreds of leading CEOs, heads of foundations and NGOs, major philanthropists,and members of the media. To date, CGI members have made more than 2,500 commitments, which are already improving the lives of more than 430 million people in over 180 countries. When fully funded and implemented, these commitments will be valued at$87.9 billion.
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