HULT PRIZE LAGOS REGIONAL – For a period of an aeon, the Hult Prize has been awarded to masterminds and innovators that understand the power of a single idea. Students from different universities are therefore tasked with the 2018 Hult challenge which is pinned at employing the power of energy to transform the lives of 10 million people by 2025.
Hult Prize was established in the year 2010 and is a year-long annual competition based on contributions from students on topics related to Business.
With the backing of the world-renowned Hult International Business School, EF Education First and the United Nations, the Hult Prize Challenge has empowered young people to engage their entrepreneurial spirits, connect and collaborate with partners and mentors, and change the world for the better.
In this year’s (2018) Lagos regional finals, the Covenant University, Nigeria has indeed played host to the arrival of different schools even from outside Nigeria to host the Lagos regional edition of the Hult Prize Challenge wherein students through team formation will have the opportunity to win $ 1 million through innovative entrepreneurial ideas.
The teams’ ideas will be adjudged based on how disruptive, scalable, sustainable, profit-driven and globally relevant they are. This year’s competition focuses on “Harnessing the Power of Energy,” or how energy can transform clean water, foods, jobs and connectivity, with a specific focus on impoverished areas.
It should be noted that the Hult Prize held regionals in Boston (Rutgers and Princeton qualified there); San Francisco (Princeton); Dubai; London; Shanghai (Rutgers); Toronto; Melbourne, Australia; and Nairobi, Kenya, on March 9-10. It will hold regionals in Mexico City; Quito, Ecuador; Tunis, Tunisia; Singapore; Lagos, Nigeria; Cairo; and Kuala Lumpur on March 16-17.