Six Student Teams to Compete for $1 Million Hult Prize

London (ots/PRNewswire) -

The Hult Prize today announced the six finalists for its annual
start-up challenge. Thousands of PhD, MD, MBA, Master's, and
undergraduate students pitched startup enterprises aimed at tackling
non-communicable-diseases (NCD) in urban slums.

This year's Hult Prize challenge topic, selected by President
Clinton, asked participants to build sustainable and scalable social
enterprises to address NCDs in slums, where nearly a billion people
live today. Teams from University of Pennsylvania, Massachusetts
Institute of Technology, HEC Paris, ESADE Business School, Indian
School of Business, and York University will now advance to a
two-month accelerator boot camp in Boston where they will be mentored
by world leaders as they look to refine and scale their startups and
prep for their final pitch, hosted at the Clinton Global Initiative
Annual Meeting this September in New York. The winning team will
receive $1 million in startup seed funding.

With nearly 11,000 annual participants, the Prize is the world's
largest millennial movement for social good. President Clinton, who
wrote in TIME that the Prize is one of the top five ideas changing
the world, has supported the competition since 2011.

"The Hult Prize is a wonderful example of the creative cooperation
needed to build a world with shared opportunity, shared
responsibility, and shared prosperity, and each year I look forward
to seeing the many outstanding ideas the competition produces," said
President Clinton.

Hult International Business School [http://www.hult.edu ], the
Prize's lead sponsor, hosted regional final competitions at its
campuses in Boston, San Francisco, London, Dubai and Shanghai (with
Sao Paulo hosted by Rio Branco University in Brazil). Students from
more than 150 countries representing more than 300 higher education
institutions presented their ideas for this year's challenge, which
was judged by leading executives from businesses like Unilever, Coke,
and McKinsey. His Excellency Sheikh Nahyan bin Mubarak Al Nahyan,
ruling member of the UAE Royal Family, also judged the Dubai
competition.

"The Hult Prize continues to deliver multiple disruptive ideas
each year around a challenge topic critical to millions of
underserved people around the world," said Dr. Stephen Hodges,
President of Hult International Business School. "We are honored to
host these young social entrepreneurs each year and support them as
their ideas come to life."

For more information about the Hult Prize visit
http://www.hultprize.org.

For more information about Hult International Business School
visit http://www.hult.edu

Contact:

Michael Lu / Michael.lu@hult.edu / +44(0)207-341-8659

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