KADUNA Polytevhnic has been selected to host a local edition of the Hult Prize, the world’s largest student movement for the creation of new social enterprises.
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.
Kaduna State Mary Pius who is the campus director for Hult Prize Kaduna Polytechnic who made the disclosure added that students will answer the United Nations Challenge and go head-to-head for US$1M.
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.
Mary Pius also informed that she will be leading the Hult Prize at Kaduna Polytechnic on Campus Program, and is confident that her peers have as good chance as anyone to go all the way and win this year’s Hult Prize.
“ It is not every day you have the opportunity to change the world, make use of your today in order for your tomorrow to be great” she stressed.
“The winner of the intra-campus event will automatically advance to compete in one of fifteen regional finals happening around the world.
“One winning team from each host city will then move onto a summer business accelerator, 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.
“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.
“Hult Prize at Kaduna Polytechnic is now recruiting volunteers and teams who are interested in registering for the competition.
“Hult Prize is the world’s biggest engine for the launch of for-good, for-profit startups emerging from university with over 2500 staff and volunteers around the world. In nearly a decade, the movement has deployed more than $50M of capital into the sector and mobilized more than one million young people to re-think the future of business as it continues to breed disruptive innovation on college and university campuses across 100 plus countries”.