Hult Prize recently announced that Indian School of Business (ISB) 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 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 President Bill Clinton and the Clinton Foundation, the Hult Prize is hosting college and university events around the world, in search of its next game-changing start-up. Bodhisattwa Biswas will be leading the Hult Prize at ISB initiative and thinks 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 inter-campus event will automatically advance to compete in one of six regional finals happening across 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 by the Clinton Global Initiative at its annual meeting in September, where CGI delegates will select a winning team, which will be awarded the $ 1,000,000 Prize by Clinton himself. The President has said, “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.”
Hult Prize at ISB is now recruiting volunteers and teams who are interested in registering for the competition.
To learn more, visit: Welcome to Hult Prize at Indian School of Business
About the Indian School of Business
The Indian School of Business (ISB) evolved from the need for a world-class business school in Asia. Established in 2001, the ISB has successfully put India on the global map of management education by pioneering several new trends in research, promoting innovation and training and nurturing young leaders who not only have an understanding of the developing economies but the society at large. In 2008, ISB became the youngest institution to be ranked among the Top 20 Global B-schools by the Financial Times, London, and since then has been ranked consistently among the top B-schools globally.
About the Hult Prize Foundation
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 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 start-up accelerator for social entrepreneurship.
About The Clinton Global Initiative
Established in 2005 by President Bill Clinton, the Clinton Global Initiative (CGI), an initiative of 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.