History

In 2009, an enterprising student at Hult International Business School named Ahmad Ashkar had a compelling idea—crowd-sourcing brilliant solutions for how to change the world from college and university students around the world—and acted on it. He convinced Dr. Stephen Hodges, Hult’s president, to host an intercollegiate tournament to solve the global education crisis, in partnership with One Laptop per Child. He then invited teams in business schools to take up the challenge. The first annual Hult Prize (originally called the Hult Global Case Challenge) took place in the spring of 2010.

In 2009, an enterprising student at Hult International Business School named Ahmad Ashkar had a compelling idea—crowd-sourcing brilliant solutions for how to change the world from college and university students around the world—and acted on it. He convinced Dr. Stephen Hodges, Hult’s president, to host an intercollegiate tournament to solve the global education crisis, in partnership with One Laptop per Child. He then invited teams in business schools to take up the challenge. The first annual Hult Prize (originally called the Hult Global Case Challenge) took place in the spring of 2010.

Building on the Hult Prize’s overwhelming success as a pilot program, it was permanently established as a not-for-profit organization, dedicated to launching a new wave of social entrepreneurs amongst the world's top business students. Ahmad Ashkar himself was named the organization’s first CEO. Hult International Business School provides invaluable office space and administrative support. Hult International Business School also hosts the annual regional final events at its six campuses worldwide. The USD 1 million prize is generously donated by self-made entrepreneur and Swedish billionaire, Bertil Hult, and his family.

Today, the Hult Prize has become a benchmark competition for social entrepreneurship. It’s is also the world’s most acclaimed business school event, crowd-sourcing the very best ideas to change the world from its brightest minds.

“How will you turn your good intentions into real changes?”

Bill ClintonFormer US President

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