Information

The Hult Prize Foundation is a renowned start-up accelerator aimed at nurturing budding young social entrepreneurs emerging from universities worldwide. The accelerator provides a platform for students to transform their innovative ideas into sustainable social ventures. Participants benefit from intensive training, mentorship from industry experts, access to a global network of business leaders, and substantial funding opportunities. The program culminates in a grand challenge, where teams compete for a $1 million seed capital award to scale their social impact startups.

How to Apply

To apply for the Hult Prize accelerator, interested candidates must first participate in the annual Hult Prize Challenge, which is announced on the official website. University students form teams and submit their business ideas addressing the year's specific global issue. Submissions undergo a rigorous selection process, including regional summits and online applications. Shortlisted teams are invited to the Hult Prize Accelerator, where they receive intensive training and mentorship. The application process typically involves filling out detailed forms, submitting business plans, and presenting pitches to a panel of judges.

Total number of startups invested: 20

Average Funding: The Hult Prize Foundation typically awards $1 million in seed capital to the winning team of its annual challenge.

Industry: Social Entrepreneurship, Sustainable Development, Impact Investing

Market: Global