“If you can create a real business, the beginning of a prototype, you can change the world.”
Muhammad Yunus - Nobel Peace Prize Winner
Last Saturday was the internal competition of the Hult Prize at the San Francisco campus of Hult International Business School. In case you never heard about the Hult Prize, it is the world largest student competition for social good. It was initiated in 2009 by Ahmad Ashkar, a former MBA student of the Hult International Business School. Every year, the team with the best idea (chosen by the judges) to tackle a specific global issue receives $1 million to develop a social enterprise. This year, the challenge is Crowded Urban Spaces.
One of of the final four with the idea of using dechets to create building blocks: Team Jengo |
After the lunch, the jury announced the winning team per room and right after hearing their name, the members of each team had 10 minutes to convince all the judges that they were the best to represent the school at the regionals. At that point, every detail could have made a difference and it actually did… I was glad to see that two of the teams in the final round were from the Master of Social Entrepreneurship program and that the winning team was one of them. Composed of students from France, Uganda, Japan and India, Slum Dunk made the difference with their Musana Carts.
Taliey Bita facebook account |
Slum Dunk developed the idea of providing simple and affordable, modular and solar powered business carts to street vendors in Kampala, Uganda. The goal is to provide street vendors with access to energy, capacity and mobility in order to double their income and empower them by facilitating infrastructures within the informal economy.
Group hug for the winning team: Slum Dunk |
Winning Team: Slum Dunk |
The other teams also had great ideas that they can proofread and present again online for a chance to continue the journey. If you want to learn more about the Hult Prize, previous challenges and winners, or how you can participate, please feel free to check the website.
One the final four, all from the MSE program: Team Synergy |
The most energetic team and holding the second place: Team Chakravyuh |