2021 Hult Prize Challenge

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.

In just over a decade, the foundation has deployed more than $100M into the impact sector which it helped create. Operating on more than 1500 college and university campuses in 121 countries with a global team of more than 30,000 staff, student volunteers and changemakers the Hult Prize continues to be a disruptive global leader in education, soft skills training and entrepreneurial development for the 21st century.

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Together, the Hult Prize global community will reclaim the potential and power of the most basic and fundamental resource required to fuel humanity for the century to come. Our 2021 Challenge will create jobs, stimulate economies, reimagine supply chains and improve outcomes for 10,000,000 people by 2030.

Food defines the human experience. Family dinners, religious feasts, quick snacks are eaten during breaks at work, and our many other relationships with food combine to shape our bodies, our minds, our communities, and the world we call home. Food is the ultimate equalizer.

Yet increasingly over recent decades, food systems have become machines of extraction that reduce our well-being, weaken communities, and impoverish the world around us. Once celebrated as pillars of society, community and the economy, today’s grocery stores and kiranas alike paint a dismal picture. Store aisles are filled with arsenals of cheap, addictive products that attack the soul through the hollowness of manufactured consumption. Even street vendors peddle what has become a legalized weapon of mass destruction. Parents wage a daily battle to nourish and nurture their children, while supply chains funnel massive profits to corporations and billionaires.

In 2021, the Hult Prize returns to the roots of the human experience – food. We are challenging you to transform food from a necessity for survival into a vehicle of change and prosperity for humanity. In order to do this, you will have to understand how our existing food systems work, and why they are failing humanity on a global scale. The good news is that you will have many examples from which you can draw inspirations—a veritable army of pioneers who are rethinking food for a better world. Your work will be drawn from these inspirations to build viable companies that will fundamentally change how we all think about food and food systems in the next decade and beyond.

In 2021 the Hult Prize is asking teams around the world to build viable food enterprises that will impact the lives of 10M people in the next decade while strengthening communities, increasing incomes, feeding the hungry and creating jobs.

Before you begin, you need to put aside your prior preconceptions of the failures in our food system. This is not primarily a challenge about global food security for example. This is also not a challenge about the exploitation of agricultural workers. It is not, in any other way, about abstract people “out there” that you’re trying to help. You need to go deeper. This is a challenge about food and the human experience. This challenge is about your own life, your own body, your own family and the possibility of turning a looming crisis into opportunity.

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.

Benefits

  • Each year the Hult Prize provides one million dollars in seed capital to the winning impact enterprise of its flagship program. The prize money is seeded into the newly created company, which will be run by the student team who came up with the idea.
  • The winning student team and their new start-up. Each year the Hult Prize provides one million dollars in seed capital to the winning impact enterprise of its flagship program. The prize money is seeded into the newly created company, which will be run by the student team who came up with the idea.
  • Registration fees for this year’s Hult Prize have all been waived. Teams will be responsible for covering their travel costs.

Eligibilities

  • 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 others individuals who are looking to form teams.
Eligible Regions: Open to all

Application Process

  • Participate on the global stage at one of their Regional Summits across the world for the chance to join the Hult Prize Global Accelerator.  Stay tuned for the Wildcard Round for a second shot.
  • Student teams interested in participating in the event should visit the Apply Now link to fill out the online application. Applying is easy and consists of four easy steps:
    • Select your city of competition
    • Create a team of 3-4 students from your college or university that share your passion
    • Upload your resumes and one team statement of purpose into the online application
    • Check back regularly to see if your team has been selected or join our Facebook page
  • Teams selected to compete in the Regional Finals will be responsible for securing their own travel arrangement to and from the event. Training, pre-event mixer, food and drink throughout the day and post-event reception will all be covered.
  • You can also check www.hultprizeat.com and see if your university is hosting an “on-campus” event. Winners of on-campus Hult [email protected] editions get to bypass the application.

Looking for fully-funded opportunities, install the Youth Opportunities Android or iOS App here.

Application Deadline: December 18, 2020 (15 Days Remaining)

Apply nowOfficial link

For Further Queries

Visit the official website for more information.
Disclaimer: Youth Opportunities spreads opportunities for your convenience and ease based on available information, and thus, does not take any responsibility of unintended alternative or inaccurate information. As this is not the official page, we recommend you to visit the official website of opportunity provider for complete information. For organizations, this opportunity is shared with sole purpose of promoting “Access to Information” for all and should not be associated with any other purposes.

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