On Saturday, Dec. 5, McGill is hosting Hult Prize @ McGill — the university-level competition for the prestigious Hult Prize. The Hult Prize is a social entrepreneurship challenge that invites student teams to solve some of the world’s toughest challenges and a chance to win $1,000,000 in seed funding. Winners from the university level event will go on to represent McGill at the regional competitions in March 2016. The winners of the regional event will then participate in a six-week long accelerator to refine their ideas before presenting at the finals at the annual Clinton Global Initiative in September 2016.
In 2013, a team of five students from McGill won the Hult Prize with their unique solution of using insect-derived flour to in a bid to address food security. This year’s challenge is centered on Crowded Urban Spaces, specifically to build sustainable, scalable and fast-growing enterprises that can double the income of 10 million people residing in crowded urban spaces, by better connecting people, goods, services and capital.