The Hult Prize has recently announced the winning team from Claremont McKenna College that has advanced to the 8th annual regional finals of the competition.
The Hult Prize is a crowdsourcing platform for social good, named one of the top five ideas changing the world by President Bill Clinton and TIME Magazine. The innovative crowdsourcing platform identifies and launches disruptive and catalytic social ventures that aim to solve the planet’s most pressing challenges. This year, the Hult Prize is focused around finding solutions for the millions of people around the world affected by the refugee crisis– a challenge personally selected by President Bill Clinton.
The winning team members from Claremont McKenna College include Sarah Sanbar ’17, Khadija Hassanali ’17, Vanessa Liu ’17, and Umar Farooq ’17.
The team competed in the Hult Prize at Claremont McKenna College’s event on November 12th and built a solution to this year’s challenge, Reawakening Human Potential. Their solution is a refugee run news website.
The team will now move on to compete at the Hult Prize regional finals in March 2017, which are being hosted at one of Hult International Business School’s five campuses in Boston, San Francisco, London, Dubai and Shanghai. Claremont McKenna College will compete in San Francisco.
Ahmad Ashkar, CEO and Founder of the Hult Prize attributes the success of the competition to the global youth revolution. He said, “We continue to be moved by the large number of students from around the world who are capitalizing on the opportunity to develop business models that target those who are in most need. We wish every team the best of luck and thank Claremont McKenna College for supporting this initiative.”
Following the regional finals, one winning team from each host city will advance to an intensive 8- week summer business incubator, where they will receive mentorship, advisory and strategic planning as they create prototypes and set-up to launch their new social business. The final round of competition will take place in September, where a jury panel will select the annual Hult Prize winner. None other than President Bill Clinton himself will award the USD 1,000,000 Prize to the winning team.
“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.” – President Bill Clinton, 42nd President of the United States
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 www.hultprize.org.
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