Launching the next generation of social entrepreneurs
The Hult Prize Foundation transform lives as well as communities. As the leading program for action-based, immersion-driven student entrepreneurship, it mobilizes the smartest minds from more than 100 countries to apply their business thinking to solve the worldโs most pressing issues. Through on-campus, national and global level programming, the Hult Prize aims to launch the next generation of entrepreneurs who are impact centered, profit minded and market driven. It challenges young people to solve the worldโs toughest issues by empowering them to make money, do good, and make life better for millions of people through the creation of for-good, for-profit businesses.
In experiential learning The Hult Prize truly emphasizes a practical approach to learning how to become an impact entrepreneur. Students build a team, brainstorm ideas, start a business, and pitch to impressive audiences. Those who donโt compete, organize. A student work force of more than 10,000 organizers facilitate training, recruit judges and evangelize the very concept of the for-good, for-profit enterprise. When it comes to entrepreneurship, there is no substitute for real experience. Through leveraging human capital and knowledge like never before, the Hult Prize has helped launch social enterprises that serve the least fortunate, tackle humanityโs greatest challenges, and pursue large, untapped markets. Every year, the Hult Prize has crafted challenges and helped launch startups that actively solve UN Sustainable Development Goals (SDGs). The Hult Prize environment has helped many successful entrepreneurs take off. In 2016, fourteen Hult Prize entrepreneurs were named to the Forbes 30 under 30 list. Today, m.Paani, the Hult Prize 2011 winner, is the largest loyalty and rewards program focused on Indiaโs poorest. 2012 winner Sunny Money is one of Africaโs largest solar light distributors. Aspire Food Group, the 2013 winner, is the largest manufacturer of insect protein in the world. IMPCT, the 2015 winner, is one of Asiaโs largest specialty coffee retailers and have built schools in El Salvador, Guatemala, and South Africa.Finally, 2016 winner, BuuPass has just been selected as the official ticketing provider for Kenyaโs Standard Gauge Railway (SGR). This is just a sampling of the incredible impact Hult Prize entrepreneurs are having in the world as passionate and enthusiastic game-changers in the social enterprise space.
