University of Rwanda to host local 2nd edition of Hult Prize

On 5 November 2017 at 09:33

University of Rwanda is set to host a local 2nd 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 startup funding to the team of students that develops the most radical and breakthrough idea to solve one of the world’s toughest social challenges.

In partnership with former USA President Bill Clinton, the Hult Prize is hosting college and university events around the world in search of the next game-changing start-up.

Paulin Ntihemuka a final year Civil Engineering student at University of Rwanda’s College of Science and Technology, was selected as the Hult Prize Campus Director, he will be leading the Hult Prize at University of Rwanda initiative, and is confident that his peers on campus have as good as chance as anyone to go all the way and with this year’s Hult Prize.

University of Rwanda hosts some of the most brilliant students in the country. The Hult Prize gives an enormous opportunity to students at this University to showcase their capacities to solve global challenges.

The winner of the intra-campus event will automatically advance to compete in one of 16 regional finals happening around the world in Boston, San Francisco, London, Dubai, Shanghai, Toronto, Mexico city, Quito, Bogota, Melbourne, Lagos, Nairobi, Cairo, Tunisia, Kuala Lumpur and Singapore in March next year but this year there will be National level awards.

One winning team from each host city will then move onto a summer business incubator in UK, 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, where the winning team will be awarded the $1,000,000 prize by former President Bill Clinton himself.

“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,” Clinton has stated.

Hult Prize at University of Rwanda is now recruiting volunteers and teams who are interested in registering for the competition.