adds hult prize

_posts/2019-10-15-hult-prize.md

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+---
+layout: post
+title: "Hult Prize"
+tags: [wona]
+author: "Agastya Varhala and Adarsh Gupta"
+category: career 
+image: hult1.png
+excerpt: 'The Hult Prize is an annual, year-long competition that crowd-sources ideas from MBA and college students after challenging them to solve a pressing social issue around topics such as food security, water access, energy, and education. The Prize is a partnership between Hult International Business School and the United Nations Foundation.'
+--- 
+
+
+The Hult Prize is an annual, year-long competition that crowd-sources ideas from MBA and college students after challenging them to solve a pressing social issue around topics such as food security, water access, energy, and education. The Prize is a partnership between Hult International Business School and the United Nations Foundation.
+
+![pic](/images/posts/hult2.png){: style="width:80%;height:auto;"}
+
+Previous topics that have been dished out as part of the competition include:
+
+1. Harnessing the Power of Energy
+
+2. Refugees – Re-awakening Human Potential
+
+3. Crowded Urban Spaces
+
+4. Early Childhood Education
+
+5. The Global Food Crisis
+
+
+This initiative is open to students of all colleges and universities from across the world, making it one of the biggest student-centered events of its kind. It is one of the world’s biggest engines for the launch of for-good, for-profit startups emerging from universities around the world. Each year thousands of college and university students from 150+ countries participate, and since its inception, participants have represented 1,000+ institutions of higher education. In 2018, 115,000 students from over 100 countries competed for the coveted Hult Prize.
+
+How The Wheels Are Set In Motion:
+
+Each year the announcement of the topic sets heralds the arrival of the competition. Every year a new area is chosen to be explored (for the challenge), with the primary criteria for topics being “transformative and sustainable business”.
+ 
+**<u>The Hult Prize takes place in 4 stages :</u>**
+
+## Stage 1: On Campus
+
+
+The On-Campus Program brings the prize directly to universities around the world. The local championship gives the university’s winning team the chance to bypass the general round, and guarantees a direct entry into one of the regional finals.
+ A student who participated in the Hult Prize Challenge 2019 told us, “ The On Campus round mainly consists of pitching your idea to a panel, along with a presentation which summarizes your work plan. The round also gives you an opportunity to get a general idea about how the other participants have tackled the issue and what various strategies are being implemented in solving the challenge at hand.”
+
+
+## Stage 2: Regionals
+
+
+The Hult Prize Regionals is a National Level Competition held in March. Regionals takes place in 17 countries including India, Japan, China, Belgium, UK, etc. From the 100,000 students who compete initially, only 5,000 snag a seat at these 2-day regional summits. The Top 50 Hult Prize startups qualify to the next round.
+
+## Stage 3: Accelerator
+
+
+The very best startups represented at each regional summit secure a spot in the world’s largest accelerators for impact in Boston, Massachusetts and Hult’s castle in the UK.
+The startups spend six weeks in the accelerator. There the participants are mentored and undergo a tailor made 5-week program, that focuses on team building, sales, marketing and resource mapping.
+
+![pic](/images/posts/hult3.png){: style="width:80%;height:auto;"}
+
+
+## Stage 4: Global Finals
+
+
+The Global Finals are hosted by the United Nations in New York. Selected teams from the Hult Accelerator program get a chance to present their ideas to the jury which generally consists of UN representatives, previous winners of the Hult Prize, politicians, and CEOs of Non-Governmental organizations working in fields related to that year’s topic, during the Global Finals in September.
+
+![pic](/images/posts/hult4.png){: style="width:80%;height:auto;"}
+
+
+## The Loot You Get to Keep:
+
+The Hult family — founders of EF Education First — donates USD 1 million in seed capital, to help the winning team launch a social enterprise.
+Who Can Compete:
+Students from any college or university in the world are invited to form teams of 3-4. Individuals who cannot form a team, but are interested in competing, can join the Facebook community to find other individuals who are looking to form teams.
+The Application Process:
+Teams can apply online for entry into the Regional Finals through hultprize.org or compete in a locally organized Hult Prize On-Campus event, where the winner will bypass the application round and be guaranteed a place into one of 25+ Regional Finals.
+The interested students of IIT Roorkee can go through the On-Campus Hult Prize program where they would have to present their ideas to a panel of judges.
+
+![pic](/images/posts/hult5.png){: style="width:80%;height:auto;"}
+
+## The On-Campus At Hand:
+
+This year’s topic is “Build Startups That Have a Net Impact on Environment”, where the idea is to look for transformative new models that make a positive impact on the environment with every sale completed, every dollar earned and every decision made.
+
+To know more about this year's On-Campus event, please visit the following link : [http://hultprizeat.com/iitroorkee](http://hultprizeat.com/iitroorkee){: style="text-decoration:underline;color:blue"} 
+
+Or visit the Facebook page: [https://www.facebook.com/hpiitr/](https://www.facebook.com/hpiitr/){: style="text-decoration:underline;color:blue"}
+
+To know more about this year’s topic visit: [https://www.facebook.com/109182803817789/posts/126962288706507/](https://www.facebook.com/109182803817789/posts/126962288706507/){: style="text-decoration:underline;color:blue"}
+
+
+                    
+## Too Long;Didn’t Read:
+
+Hult Prize is an annual competition aimed at crowd sourcing innovative ideas and rewarding them with seed capital. 
+It seeks to promote sustainable business solutions that tackle social and environmental issues. 
+In 2018, 115,000 students from over 100 countries participated in the Hult Prize, competing for a total of $5m in prize money.
+The Hult Prize takes place in 4 stages :
+
+Stage 1: On Campus
+
+Stage 2: Regionals 
+
+Stage 3: Accelerator 
+
+Stage 4: Grand Finals
+
+Students from any college or university in the world are invited to form teams of 3-4. Individuals who cannot form a team, but are interested in competing, can join the Facebook community to find other individuals who are looking to form teams.
+The interested students of IIT Roorkee can go through the On-Campus Hult Prize program where they would have to present their ideas to a panel of judges.
+Register at hultprize.org .
+
+To know more visit the following link : [http://hultprizeat.com/iitroorkee](http://hultprizeat.com/iitroorkee){: style="text-decoration:underline;color:blue"}
+
+
+[https://www.facebook.com/hpiitr/https://www.facebook.com/109182803817789/posts/126962288706507/](https://www.facebook.com/hpiitr/https://www.facebook.com/109182803817789/posts/126962288706507/){: style="text-decoration:underline;color:blue"}
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