Former US President Bill Clinton recently announced the 2024 Hult Prize Challenge at the Global Finals event in Paris, which marked the start of the 15th-anniversary competition with an exciting twist. This year’s theme is “UNLIMITED,” meaning that participants can pitch any idea for a social enterprise, as long as it is aligned with at least one of the United Nations Sustainable Development Goals (SDGs) and can bring about significant change on a global scale.
The Hult Prize Challenge is an opportunity for young people to tackle some of the world’s most pressing issues through social entrepreneurship. The winning team will receive USD 1 million in funding to bring their idea to life. This competition is open to full- or part-time university undergraduate or graduate students aged 18 years or older and enrolled in a degree program. Each team must consist of a minimum of three and a maximum of five members from the same university, with the option of including one participant from a different university.
Participants must provide an acceptable student status confirmation document and be listed on the team’s official registration. It should be noted that employees of the Hult Prize Foundation, Inc., its affiliates, subsidiaries, advertising and promotional agencies, and suppliers are ineligible to participate in the competition. Additionally, participants organizing local events may not compete in those events.
The Hult Prize Challenge is an excellent opportunity for young people to showcase their creativity and commitment to social entrepreneurship. The deadline for applications is February 15, 2024, and interested participants can apply on the Hult Prize website. All submissions must be in English, and all official competition phases will be conducted in English.
