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Hult Prize Challenge On Empowering the Earth 2022

The Hult Prize Foundation transforms the perspective from which young people see their own possibilities in the world around them as leaders of change. With a global startup prize of US$ 1,000,000 as of its anchor activity, the Hult Prize challenge 2022 from its stables organize impactful programs, events, and training for more than a million students worldwide

Established by Hult Prize, the competition is an annual, year-long competition that crowd-sources ideas from MBA and college students after challenging them to solve a pressing social issue around topics such as food security, water access, energy, and education.

However, in this post, you will get insight on all you need to know such as the prize value, eligibility, and how to apply for the Hult price challenge 2022.

What Is The Hult Prize?

Ideas that are meaningful and productive are those that deserve the Hult Prize. Interestingly, It is one very popular grant

The criteria are to create a team with at least one Hult student or alumni in your team, the rest can come from different backgrounds even if they are working.

If you have an idea which you think is marketable, you can fill in your entries. You might be able to enter from September to December (it changes every year). 

What Is the Benefit Of The Scholarship?

The winning student team and their new start-up will receive a price with a total sum of $1,000,000 USD. Each year the Hult prize provides one million dollars in seed capital to the winning impact enterprise of its flagship program.

Interestingly, this is a result of the ingenuity of the student team.

Eligibility Criteria

  • Students from any college or university in the world are invited to form teams of 3-4.
  • You are considered a student if, at the time of application submission, you have not yet graduated. Alumni and faculty are not allowed to be official team members.
  • Only teams may compete, individuals who cannot form a team but are interested in competing should join the Facebook community to find other individuals who are looking to form teams.

Host Nationality

This scholarship is hosted in the United States.

Eligible Nationalities

The following countries are eligible for the Hult Prize challenge 2022 Afghanistan, Albania, Algeria, Andorra, Angola, Antigua, Barbuda, Argentina, Armenia, Australia, Austria, Azerbaijan, Bahamas, Bahrain, Bangladesh, Barbados, Belarus, Belgium, Belize, Benin, Bermuda, Bhutan, Bolivia, Bosnia, Herzegovina, Botswana, Brazil, Brunei, Bulgaria, Burkina, Faso, Burundi, Cambodia, Cameroon, Canada, Cape Verde, Central African Republic, Chad, Chile, China, Colombia, Comoros, Congo: Democratic Republic, Congo.

How To Apply For The Scholarship program?

Click the link below to apply for the Hult Prize Challenge On Empowering the Earth 2022.

Application Deadline

The application slot is now open and it ends at 11:59 pm EST on 5th June 2022.

FAQs:

What is the Hult Prize Challenge program?

The Hult Prize Foundation transforms how young people envision their own possibilities as leaders of change in the world around them. With a US$1,000,000 global startup prize as its anchor activity, the Hult Prize has brought impact-focused programs, events, and training to over a million students globally, creating a pathway for youth everywhere to take action to build a better world.

What is the Hult Prize wildcard round?

The Wildcard round serves as a virtual round of participation for the annual Global Hult Prize.  Up to 10 teams get to advance to the accelerator in Boston.

Are participants supposed to solve a specific problem?

Yes. Each year, a pressing social challenge is selected by President Clinton and becomes the theme for the respective cycle.

The 2022 Hult Prize Challenge provides a specific and measurable objective that each participating team is intended to solve through the creation of a sustainable enterprise. 

How does the hult prize work?

There are multiple programs and multiple rounds of competition that can further be explored in our Programs Section at the top. Your goal is to make it to the Global Accelerator, to work, learn and play as you develop your game-changing enterprise.

The top 50 companies from around the world advance here, a step before the UN Finals. From there, six companies are selected to pitch at the United Nations for USD1,000,000.
There is funding and mentorship throughout. There are two ways to become part of the top 50:
1) Win a Regional Summit Final
2) Win a Wildcard Round.

What is the 2022 Hult Prize challenge topic?

The 2022 Hult Prize Challenge as announced by President Bill Clinton at the United Nations is: “Building Startups That Have A Positive Impact On Our Planet with Every Dollar Earned” Can we build bold businesses that have a positive net impact on our planet with every sale completed, a dollar earned, and a decision made? Good luck!

When can I start applying for Global Hult Prize?

Official 2022 Global Hult Prize Applications will open on October 1st. There will be two early bird application deadlines, with a final application deadline of December 23.

On-campus events and programs are ongoing.  Regional Programs have floating deadlines, please visit your local country page to learn more or email them at info@hultprize.org.

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