28 C
Friday, July 1, 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

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

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...
Samo Leather opens leather

“Samo Leather opens leather outlet to bring world-class items to the doorsteps of its...

Samo Leather has opened a new store to provide one-stop solutions for all types of genuine leather products to its consumers, with the goal...

Jermatz Galore Lucrative Discounts at SME fair

Nearly 325 entrepreneurs from over the country showcased their products and drew audiences by offering substantial discounts at the ongoing National SME Fair-2021, which...
Cover of PLANET a NRBC Bank

Cover of `PLANET’ a NRBC Bank publication unveiled on Mujib Barsho & Golden Jubilee...

NRBC Bank has published PLANET, a quarterly publication on the occasion of the 100th birth anniversary of Bangabandhu Sheikh Mujibur Rahman, the Father of...
Imran Fahad wins the 1st Prize

Imran Fahad wins the 1st Prize of Entrepreneurship, Skills & Employment Camp

The Closing Ceremony of the Entrepreneurship, Skills & Employment Camp of Dhaka OIC Youth Capital 2020 was held on 12 June 2021 on virtual...