LONDON, ON – On Saturday, December 3, Western University’s most innovative and forward-thinking students will be competing in the quarter finals of the Hult Prize Competition. Founded by philanthropist and former president Bill Clinton, the Hult Prize is the largest post-secondary social entrepreneurship competition in the world. It places student innovation on the global stage, challenging teams of up to four members to find solutions to the world’s most pressing issues.
In the past, participants have addressed growing urbanization, early childhood education, and access to health care. For this year’s challenge, Reawakening the Human Potential, students must build sustainable, scalable startup enterprises that restore the rights and dignity of 10 million refugees by 2022. Winners of the global competition take home a prize of $1 million.
“The Hult Prize Competition is an incredible opportunity for students to take the lead in solving global issues,” says Kevin Chang, a fourth-year student at the Ivey Business School and Campus Director for the Western chapter. “Teams that have won in the past are now working alongside many of the world’s leading thinkers and activists to change how entire systems function. Their work through the Hult Prize is improving the quality of life for many underprivileged people around the world.”
Student teams at Western have been hard at work creating unique business plans in an effort to come up with original enterprises aimed at tackling global refugee issues. London Mayor Matt Brown will deliver a keynote address, leading into the team finalist presentations.
Saturday, December 3
Ivey Business School – 1255 Western Road
Multipurpose Room #0141
1:30 p.m. – Keynote address – Mayor Matt Brown
2:10 p.m. – Team finalist presentations
3:50 p.m. – Awards ceremony
The winning team at this stage will be moving on to one of six Regional Finals around the world.