SBM students in with chance to win $1 million
Team ET Collect win HULT European regional finals and Team Consciously Aware are runners-up of the Far East regionals.
The HULT Prize, also known as the “Nobel Prize for Students”, is the world's largest competition for social good start-ups emerging from universities. Each year, former US President Bill Clinton announces a HULT Prize challenge aligned with the UN Sustainable Development Goals, inspiring and enabling the world's brightest minds to solve its greatest problems.
The competition, which involves universities from over 100 countries, culminates with teams presenting their idea at the United Nations (UN) for the $1 million prize in front of former US President Bill Clinton and highly significant personalities, leaders and intellectuals.
ET Collect, made up of four 2nd year Business Management students, had the winning idea to partner with businesses and cities in Egypt to create products from recycled rubbish. Their forecast of creating 30,000 jobs also gained the attention of the Egyptian Ambassador.
The team now will enter an 8 week summer accelerator program, competing alongside other winning teams to present at the Global Finals. There, the winning team will receive the $1 million prize.
Team Consciously Aware won 2nd place in the Far East regionals (Tokyo). Their innovative idea is to change the life of up to 15 million waste pickers globally, while tackling waste collection from poor households and creating grounds for entrepreneurship developments among the youth.