22 C
Dhaka
Sunday, December 4, 2022

‘Hult Prize of BUET 2019’ to be Held at Its Premises

Bangladesh University of Engineering and Technology (BUET) has been chosen for the fourth time to be one of the local hosts for “Hult Prize 2019” and hoping to pinpoint more potential future leaders in Bangladesh with the belief of establishing social business enterprises to ensure a better life for those who cannot afford it yet, the grand finale after many workshops and sessions is going to be held on December 6 at its own campus.

“Hult Prize” is an annual social business idea competition hosted and sponsored by Hult International Business School and Clinton Global Initiative with a view to solving one current major issue worldwide. For the last three years, six teams from BUET have made their way to the regional finals in cities like Dubai, Kuala Lumpur, Shanghai and Singapore.

With 3 consecutive rounds that assess the competitors’ business perspectives, technological views and presentation skills “Hult Prize at BUET” is held.

Over 100 teams, through top-notch competition, only two teams are selected to compete in the regional finals with the finest competitors around the globe.  From 2016, “Hult Prize at BUET” has been one of the most sensational events held in the campus.

In Hult Prize 2017 and Hult Prize 2018, winning teams from BUET did remarkably well in the regional rounds. Team Sanctum and Team Incite from BUET attended the Shanghai and Dubai regional finals. The challenge of Hult Prize 2017 was tackling the refugee crisis around the world.

Note that the Hult Prize is offered in partnership with Former US President Bill Clinton and the Clinton Global Initiative (Clinton Foundation). It is hosted and supported by Hult International Business School. And it is generously funded by Swedish entrepreneur Bertil Hult and his family. It has been called the “Nobel Prize for Students” by Nobel Prize Winner and annual jury member, Professor Muhammad Yunus.

The Hult Prize is the largest competition for students around the globe for creation of social businesses which awards one million US dollars as a start up funding to the team with the most prominent solution of one of the world’s roughest challenge.

Related Articles

Salman Khan-Being Human Clothing

Salman Khan’s ‘Being Human Clothing launching’ in Dhaka

0
Dhaka, 13 September 2022: Bollywood superstar Salman Khan owned clothing brand ‘Being Human Clothing’ launches its first outlet at Banani, Dhaka on the 15th...
BGMEA

BGMEA teams up with Jeanologia on promoting green technologies in RMG sector

0
Jeanologia, a globally renowned textile technology manufacturer, will join hands with Bangladesh Garment Manufacturers and Exporters Association (BGMEA) to support Bangladesh’s RMG industry in...
MITIGATING ICT SKILL GAP

Roundtable on ‘Mitigating ICT Skill Gap’ held

0
Dhaka, 31 July 2022- A roundtable dialogue on mitigating the ICT skill gap was held on 30 July 2022 in BASIS moderated by Mr....
Next Generation Banker of Bangladesh

First AGM of NGBB held, bankers vow to build a trust fund

0
Next Generation Banker of Bangladesh, a platform of young professional bankers of the country, held its first annual general meeting on Friday at the...
EPIC Group and CleanKore

EPIC Group and CleanKore Announce Bold Plans to Advance Sustainable Denim

0
Hong Kong based Epic Group, a leading garment manufacturer for global brands Monday (July 18) announced its strategic partnership with CleanKore, a denim innovation...
Denim expo demonstrates the prowess of the Bangladesh denim industry

The 12th edition of the denim expo demonstrates the prowess of the Bangladesh denim industry

0
The two-day Bangladesh Denim Expo, organized by Bangladesh Apparel Exchange (BAE), ended with buyers, makers (both denim fabric and accessories), and sellers satisfied as...