Jamshedpur, Dec. 7: XLRI is associated with HULT Prize, the world�s largest social entrepreneurship competition for the students.
The Hult Prize Foundation is a startup accelerator for budding young social entrepreneurs, emerging from the world�s best universities after challenging them to solve a pressing social issue around topics such as food security, water access, energy, and education.
The agenda for this year is �Reawakening Human Potential � The Refugee Problem�. The Hult prize gives USD 1 million in seed capital to help the winning team launch a social enterprise.
The Hult Prize � XLRI Chapter, started with the recruitment of the campus director – Sandeep Kumar, an IIT Kharagpur alumni, currently a 2nd year student at XLRI. The core team consists of Manuj Gulati, Atul Singh, Akshay Ratan, Akaankshaa Paranjpe, Sayed Adil Hussain and Parul Jain.
The campus round is scheduled on Friday, December 9, 2016. The registration process is ongoing, and it has managed to create a huge buzz inside the campus. Saket Agrawal, a PGDM 2016 � 18 batch student, did put it very succinctly �I only have read about the refugee crisis till now, but this event has certainly made me now think on how to contribute towards mitigation of the same�. Renowned XLRI professor, T. Raghuram has agreed to be a part of Hult Prize � XLRI Chapter as a mentor.
Eight years post its inception, the Hult Prize has established itself as the most impactful student initiative in the world. It is a year-long competition which crowd-sources ideas from university students.
College students from around the world compete to solve a pressing social issue faced by millions via start-up enterprise. The problems addressed include food security, water access, energy, and education.
Winners receive USD 1 million in seed capital, as well as mentor ship and advice from the international business community. Each of the finalists receives pilot funding along with membership to the Clinton Global Initiative.