THE University of Mindanao 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.
Charlene Mae Bornea, a CPA, will be leading the Hult Prize at University of Mindanao initiative, and is confident that her peers on campus have as good as chance as anyone to go all the way and with this year’s Hult Prize.
“It's not everyday that you have an opportunity to change the world. A team of you will be representing all of us at the upcoming Hult Prize Regional Finals happening on March 2018. This is our chance to show the world that our institution is dedicated to Impact. See you in New York!” Bornea said.
The winner of the intra-campus event this December 2017 will automatically advance to compete in one of sixteen regional finals happening around the world. This year's regional finals will be held in Boston, San Francisco, London, Dubai, Shanghai, Toronto, Mexico City, Quito, Bogota, Melbourne, Lagos, Nairobi, Cairo, Tunisia, Kuala Lumpur and Singapore on the weekends of March 09-11 and March 16-18, 2018. 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 2018, where the winning team to be awarded the $1,000,000 prize.
Hult Prize at University of Mindanao is now recruiting volunteers and teams who are interested in registering for the competition.
To learn more, contact hultprize.at.umindanao@gmail.com or visit the official Hult Prize@ UM website www.hultprizeat.com/mindanao and Facebook page Hult Prize at University of Mindanao.
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.