Hult Prize Peru
Harnessing the Power of Energy
to Transform the lives of 10 million people
FOR SOCIAL GOOD
ACCELERATOR AT THE
NETWORK WITH WOLRD
LEADERS AT THE UN
Since 2012, the Hult Prize has been
a benchmark competition for social entrepreneurs.
2018 Hult Prize stretch target for individuals impacted by winning idea.
Estimated for 2017. Total applications multiplied by average hours spent per team per challenge via poll of past participants.
Sum of all regional finalists teams through 2015 competition.
“One of the top 5 ideas changing the world”
– President Bill Clinton for Time Magazine, October 2012
Total number of applications in all rounds of 2018 Hult Prize Peru
Participating in Hult Prize Peru
Schools Represented across Peru
Download the President’s challenge
Build your team of 3-4 members
Register to compete in the national competition
Winning team joins the 2-month accelerator
Carlo Angeles is Executive Director of the Somos el Presente Organization, an organization that seeks to empower young people to address sustainable development. He has worked involving young people in policy design and implementation processes in Peru, Colombia and Argentina.
He is a member of Policy & Strategy Group of World We Want 2015, the platform between the United Nations and Civil Society. He was also a member of the Committee of Selection of Representatives of Civil Society at the Summit Adopting the Post 2015 Development Agenda, one of the most important in the history of the United Nations. Somos Presente was the only Peruvian organization to be granted special accreditation to participate in the United Nations Post 2015 Agenda Adoption Summit.
He has been invited as panelist at the Annual Governors Board of the World Bank / International Monetary Fund – Lima, II Ibero-American Congress on Public Innovation – Tenerife Spain, Open Goverment Partnership Global Summit – Mexico, TEDxGrau, Habitat III – Quito, COY 10 – Lima, 10th WTO Minsiterial Conference in Nairobi , among others.
He was invited by the Government of the Netherlands and Hope XXL Foundation to draft the Liemers List at the International Court of Justice in The Hague, which was presented at the General Assembly of the United Nations in 2015.
He is the author of the “Youth to 2016” document, which was drafted with institutional support from the United Nations Millennium Campaign, Concordia Summit and My World 2015.
In addition, he was invited as judge for TIC Americas 2016/2017, the competition for innovation and youth entrepreneurship organized by the Organization of American States and the Young Americas Business Trust, which distributes more than 150,000 dollars in prizes.
Carlo Angeles holds a degree from San Ignacio de Loyola University and has received specialization training at the University of Cologne – Germany and at Harvard University.
He has written articles for MindThis.ca magazine, he has experience in Human Resources and has been a consultant for the Launching of the New Models of Global Cooperation Design Program with a $ 5 million budget from the Global Challenges Foundation based in Sweden.
He has served as Chief of the Lima and Callao Region of the National Youth Employment Program, a government investment fund to address youth unemployment through training in technical and and soft skills, overseeing over 4.6 USD million dollars.
Also he serves as member of the Advisory Board of SISE University.
National Program Director
2018 Hult Prize challenge on energy is announced
Applications open and 2018 President’s challenge on energy released
Final application deadline 11:59pm EST
Regional Teams Selected
15 Regional Finalist Announced
Regional semi-final rounds begin
Wildcard Round Opens
Wildcard round opens for chance to accepted in accelerator
Wild card winner accounced
Frequently Asked Questions
What is the Hult Prize?
The Hult Prize is a start-up accelerator for social entrepreneurship which brings together the brightest college and university students from around the globe to solve the world’s most pressing issues.
The annual initiative is the world’s largest crowdsourcing platform for social good and one of the planet’s leading forces for good.
Participants compete in local events organized on campuses around the world or apply online to partake in the regional finals which are held in five international cities around the world, including: Boston, San Francisco, London, Dubai, Shanghai and on-line.
Winning start-ups from each city move onto the Hult Prize Accelerator for the summer before attending the global finals, which are hosted by former President Bill Clinton. Collectively, more than ten thousand students, representing more than 150 countries around the world participate in the Hult Prize and spend over 2 million man-hours on solving the world’s most pressing issues.
Through crowdsourcing, training, mentorship and funding, the Hult Prize seeks to build and launch the next wave of social entrepreneurs.
Are participants supposed to solve a specific problem?
Yes. Each year, a pressing social challenge is selected by President Clinton and becomes the theme for the respective cycle. The “President’s Challenge” provides a specific and measurable objective that each participating team is intended to solve through the creation of a sustainable social enterprise.
In March, selected participants are invited to pitch their start-ups that specifically address the challenges identified in the case. A clearly defined framework is also provided to ensure your idea contains the necessary qualities and mandates to be an innovation breakthrough.
How can college and university students help with a social challenge?
Traditional non-profit organizations struggle to make a telling contribution despite having a potentially powerful solution to a problem. Not because they lack commitment or funding, but because they face execution hurdles that can only be solved by leveraging a wide range of skill-sets and an on-the-ground understanding of the situation.
Overcoming execution hurdles is what colleges and universities teach their students, specifically business schools, since the ability to execute is critical in business. Furthermore, business schools are home to a wide variety of students from different industries and countries that collectively have a very broad knowledge base. Harnessing this resource through crowd-sourcing innovative ideas and solutions is a technique that is poised to create radical breakthroughs in the social space.
How does the Hult Prize work?
The Hult Prize runs regional competitions in five cities around the world as well as an online “wildcard round,” a summer accelerator program, and a final pitch-off at the 2017 Hult Prize Global Finals. Your journey begins with a call to action by President Clinton in late September. Applications for participation in the Hult Prize Mexico event are now open, and teams will compete during the INCmty festival November 18, 2016. The top two teams will advance to one of the five regional finals worldwide, in either Dubai, London, Shanghai, San Francisco, or Boston. Regional winners then move on to a boot-camp style accelerator, where you will further work on the development of your social enterprise. At the conclusion of the accelerator your idea will be “investment ready” in the form of a company. Once complete, you will pitch your final start-up at the Hult Prize Global Finals, where the winner will receive USD1 million in seed capital to scale their enterprise. Interested participants can apply via the Apply Now link on this site.
Who is Hult?
Hult is the family name of Swedish born entrepreneur and billionaire, Bertil Hult, one of Europe’s leading entrepreneurs who founded EF Education First, the largest private education company in the world. Hult International Business School (formerly the Arthur D. Little School of Management) is a global business school with campuses in Boston, San Francisco, London, Dubai and Shanghai. It is named after Bertil Hult. Hult is ranked in the top 20 business schools in the United States and in the top 100 in the world, including number one for international business. Today it has over 3000 students enrolled across its campuses, from over 130 different countries. The Hult family provides the annual USD1 million in seed capital awarded to the winner of the annual Hult Prize.
Why is Hult doing this?
The recent financial crisis has taught us the importance of practicing sound business ethics. The Hult Prize is dedicated to teaching college and university students from around the world that the skills they learn can be applied for-good as well as for-profit. Hult International Business School is a natural host for such an initiative. Not simply because it has a global campus network that can very effectively bring together students from all over the world, but also because many of the 130 countries that Hult students hail from face global challenges in the areas of energy, finance, hunger, disease and education; challenges that require solutions which are broad in scope, yet detailed in implementation.
Who gets the million dollars?
The winning student team and their new start-up. Each year the Hult Prize provides one million dollars in seed capital to the very best start-up for social good. The prize money is seeded into the newly created company, which will be run by the student team who came up with the idea.
How was the Hult Prize created?
The Hult Prize is the brainchild of Ahmad Ashkar, a Hult International Business School alumnus who developed the concept whilst still a student. Ahmad had the idea after seeing Charles Kane, the CEO of One Laptop Per Child, describe some of the challenges his organization faced during a speech in class. Ahmad is currently the CEO of the Hult Prize and continues to bring innovation and thought leadership to the social impact sector.