Quito, January 20, 2017
Ecuadorian entrepreneurs compete for the Hult award
Only one of the five best ideas in the world will be the winner.
The Hult Prize is an accelerator for entrepreneurship that tests the world's most outstanding university students, in order to develop ideas capable of solving social problems through market proposals, creating a sustainable and lasting change. The winning team receives $ 1 million in seed capital to develop their social enterprise.
This initiative, which has been in existence for 7 years, is organized by the Hult Prize Foundation in alliance with the Hult Business School and by the Clinton Global Initiative (event of the founding of former US President Bill Clinton).
The national event, to be held on January 21, at the Yachay University campus, will feature the participation of 35 teams, from various public and private universities in Ecuador. Participants must create a socially, scalable, and economically sustainable company that helps in solving the challenges faced by millions of refugees worldwide.
Rosalía Arteaga, former Ecuadorian president and president of the Advisory Council of Fundación Fidal, an organization that works for the improvement of education and development in the region, will be one of the personalities on whom the evaluation and determination of the three Ecuadorian projects that pass will fall. to the regional finals.
After passing the local rounds, the most outstanding projects move on to the regional finals that are held in five international cities: Boston, San Francisco, London, Dubai and Shanghai, national winners will have access to countless opportunities from their local community to prepare their proposal. for the next rounds of the competition.