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Hult 2015 – $1M Prize Competition

This global competition is organized by the Hult Prize Foundation, a not-for-profit organization aiming at solving the planet’s biggest challenges with innovative ideas implemented through sustainable start-up social enterprises. Annual Hult Prize winners get USD1 million in seed funding to make their ideas reality. Although it was originally conceived to attract “the world’s brightest business minds”, it is seeing increasing numbers of multidisciplinary teams participating, including from many design schools.

This year’s challenge is about early childhood education in urban slums for children aged 0-6 years. The objective is to reach 10 Million children within 5 years. The competition is staged first at local and regional levels around the world. The six regional finalist teams attend in July and August a six-week program at the Hult Accelerator at the Hult Business School in Boston. They then compete in the global finals in an event attended by President Clinton where the winning team will be selected.

This year two teams from OCAD University’s Strategic Foresight & Innovation (SFI) masters program participated in the local competition with about 22,000 submissions globally. The two teams moved to the regional finals.

Team Msana to Shanghai

 

 

 

 

Team YOGYA to San Francisco

 

Two OCADU teams at the Regional Finals

 

 

 

 

 

One team from the part-time SFI program team is currently in Shanghai while the other team from the SFI full-time program is currently in San Francisco. Each of them will be competing with about 250 regional candidates. We wish them both the best of luck!

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