14 October 2016

A new kind of competition that could win you $1m USD - Hult Prize @ The University of Sydney

How do you use the power of student innovation and collaboration for the greater good on a world-wide platform?

Interested? Find out more information and register at: http://www.hultprizeat.com/sydney or follow all the details at: https://www.facebook.com/HultPrizeUSYD/

What is the Hult Prize?
The Hult Prize is the world’s largest student competition and start-up platform for social good. In partnership with former President Bill Clinton, this innovative crowdsourcing platform identifies and launches disruptive and catalytic social ventures that aim to solve the planet’s most pressing challenges. Student teams of 3-4 compete around the world for a chance to secure US$ 1 million in startup funding to launch a sustainable social venture.

The 2017 Hult Prize will focus on Reawakening Human Potential –

How can we build sustainable, scalable social enterprises that reduce the human cost of involuntary migration and restore the rights and dignity of 10 million refugees by 2022?

Who are we looking for?
To compete, you can be a student of any sort – undergraduate, postgraduate, local, international, and from ANY faculty. Teams are made up of 3-4 University of Sydney students (with up to 1 Alumni member).

Come to our Information Evening to learn more (snacks and drinks provided):  https://www.facebook.com/events/1187020044674725/
Registrations close 13 November 2016.

What does the program look like?
The Hult Prize @ The University of Sydney is supported by the Sydney Social Innovation Hub (‘SSIH’) in the Business School of the University.

We are taking students through an intensive workshop program from late October to early December. These include:
1. The Art of Pitching
2. Ask the entrepreneur
3. Business Modelling for success
4. Mock Pitching and Mentor Round Robin

Student teams will also be given the opportunity to go into 30 minute ‘Drop in’ Consults with SSIH where they can build and test their ideas in an incubator type environment.

Once students register at: http://www.hultprizeat.com/sydney, the will be send a welcome package, which includes everything you need to know about the competition and the program, and the 2017 Challenge.    

The Campus Finals
Date: 6 December 2016
Time: 5:00pm (Pitching) and 7:30pm (Networking)
Location: Abercrombie Business School, University of Sydney.
We’ll be releasing tickets soon at: https://www.facebook.com/HultPrizeUSYD/

What is the benefit of competing?
The winning team will receive a host of rewards worth over $15,000 that will help them build a social enterprise that will change people’s lives:
- An all-expenses paid trip to the Regionals in San Francisco in 2017 – fast-tracked past 20,000 applicants around the world
- Professional Industry and university mentoring and coaching
- An accelerator program run by industry experts

Following the regional finals, one winning team will attend a summer business accelerator, 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 take place in September, where one team will be selected as the winner and will be awarded the US$ 1,000,000 seed capital by President Bill Clinton himself.

Words from the 2015 Winners (‘Clear Solutions’) with Harry Heo, Jun Park and and Jason Xu
“The Hult Prize was a larger and more prestigious competition than we had originally knew. Hundreds of teams from countries all over the world compete, and the winning team is awarded $1 million USD in seed funding and an opportunity to meet Ex-President Bill Clinton to implement their visions. Our team, Clear Solutions, stepped up to the challenge with a vision, excited to create a business that would solve the issue of crowded urban spaces.

We networked and met with teams from 21 countries in Shanghai, all motivated to make a difference. It is incredible to think that the world’s leading universities are all in one place, driven by a united purpose. The most surprising thing about our experience in Shanghai was the calibre of students and their dedication to their business ideas.

The ideas presented were excellent, ranging from mobile apps that enliven food culture with crowded urban spaces on one hand, to 3D printing on the other

We will be very excited to see the presentations for this year and wish all teams the best of luck!”
Harry Heo

Your organising committee:
Campus Director: Mark Jeyaraj
Marketing Director: Tracey He
Partnerships Director: Vishal Uppal
Judges Coordinator: Kritika Joon
Teams Coordinator: Michelle Yang
Events Coordinator: Kundai Khuleya
Partnerships Advisor: David KÄ­nyua
Marketing Subcom: Emma Cleary
Marketing Subcom: Vince Lam
Partnerships Subcom: Nick Johnson
Business Society Advisors: Anthony Maka Daniel Blay
2015 Winner Advisor: Harry Heo

Express your interest by 13 November 2016 at: www.hultprizeat.com/sydney.

For more information visit: www.hultprize.org.

By Tracey He, Marketing Director at Hult Prize @ The University of Sydney

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