Hult Prize narrows down finalists to six teams.
Six university teams have been shortlisted to compete for $1m seed funding to be won by the startup which can best tackle non-communicable-disease (NCD) in the urban slum, a topic set by former US president Bill Clinton as this year’s Hult Prize “President’s Challenge” aimed at social entrepreneurs.
The six teams, shortlisted to join a two-month Hult Prize startup accelerator programme in Boston, before going on to pitch their ideas at the Clinton Global Initiative Annual Meeting in New York in September, are from University of Pennsylvania, Massachusetts Institute of Technology, HEC Paris, ESADE Business School, Indian School of Business, and York University.
Dr. Stephen Hodges, president of Hult International Business School, which is lead sponsor of the prize, said: “The Hult Prize continues to deliver multiple disruptive ideas each year around a challenge topic critical to millions of underserved people around the world.”
According to the Hult Prize website, 63% of deaths worldwide are due to non-communicable disease, and 80% of these deaths occur in low-and middle-income countries.