In partnership with former USA President Bill Clinton and the Clinton Global Initiative, the Prize is designed to act as a catalyst for social ventures that aim to solve the planet’s most pressing challenges.
Student teams compete in six cities around the world for a chance to secure US$ 1 million in start-up funding to launch a sustainable social venture.
The 2014 Hult Prize will focus on the 250 million slum dwellers around the world suffering from chronic diseases who need help – a challenge personally selected by former President Bill Clinton.
The team members from the Aston Business School Full Time MBA programme boast a truly international outlook. They consist of Adiba Ali (India), Daniel Sira (Venezuela), Janet Bolo (Kenya), Omowumi Akinmoladun (Nigeria) and Esmer Chifiero (Nigeria).
Brigitte Nicoulaud, Aston Business School MBA Director, said; “We are very proud of Adiba, Daniel, Janet, Esmer and Wumi. They are testimony of the enthusiasm and passion that Aston MBA students have for change and for making a difference. They are true ambassadors for the School and real inspiration to others."
Each team selected was chosen from more than 10,000 applications received from over 350 colleges and universities in over 150 countries. The Hult Prize regional competitions will take place on March 7 and 8, 2014 in Boston, San Francisco, London, Dubai, Shanghai and Sao Paulo. Aston Business School will compete in London.
Following the regional finals, one winning team from each host city will move into a summer business incubator, where participants will receive mentorship, advisory and strategic planning as they create prototypes and set-up to launch their new social business.
A final round of competition will be hosted by the Clinton Global Initiative at its annual meeting in September, where CGI delegates will select a winning team, which will be awarded the prize by Bill Clinton himself.
The former President has said; “The Hult Prize is a wonderful example of the creative cooperation needed to build a world with shared opportunity, shared responsibility, and shared prosperity, and each year I look forward to seeing the many outstanding ideas the competition produces.”
For further media information please contact Alex Earnshaw, Aston University Communications on 0121 204 4549 or firstname.lastname@example.org