By Ibrahim Redwan
GOMBAK, 24 October 2015: For the first time IIUM is proud to launch the prestigious Hult Prize at its campus in Malaysia in collaboration with Clinton Foundation.
Called the “Nobel Prize for students” by media outlets world-wide, the Hult Prize is the biggest social entrepreneurship challenge in the world offered in partnership with former US President Bill Clinton and the Clinton Global Initiative.
Each year, President Bill Clinton selects a critical social problem impacting billions of the world’s most vulnerable people, and a challenge is issued. Teams of 3-4 students are challenged to develop an innovative start-up enterprise to eradicate the problem. Winners receive USD1 million in seed capital, as well as mentorship and advice from the international business community.
Named as “one of the top five ideas changing the world” by President Bill Clinton and TIME Magazine, the annual competition for the Hult Prize aims to identify and launch the most compelling social business ideas: start-up enterprises that tackle grave issues faced by billions of people.
Four easy steps to participate
- Form your team, members can be from ug/pg/phd students of IIUM (3-4 members, 1 can be IIUM Alumni)
- Register your team here.
- Download the challenge materials here and start working on your social enterprise model.
- Submit your social entrepreneurship model idea in 1000 words to firstname.lastname@example.org
- Last date of submission of idea: 15 November 2015
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