BITS Pilani, Dubai Campus Advances to Regional Finals of 7th Annual Hult Prize in response to President Bill Clinton’s challenge of “URBAN CROWDED SPACES”.
Dubai, 06 December 2015.
The Hult Prize has recently announced the winning team from BITS Pilani, Dubai Campus that has advanced to the 7th annual regional finals of the competition.
The Hult Prize is a crowdsourcing platform for social good, named one of the top five ideas changing the world by President Bill Clinton and TIME Magazine. In partnership with the Clinton Global Initiative, the innovative crowdsourcing platform identifies and launches disruptive and catalytic social ventures that aim to solve the planets most pressing challenges. This year, the Hult Prize is focused around finding solutions for the millions of slum dwellers around the world that are affected by URBAN CROWDED SPACES– a challenge selected by President Bill Clinton.
The judging panel consisted of Alberto Bustani, Head of Business at Spiderfrogs (LinkedIn); and T. P. Anand, Strategy Advisor at Motivaluate Consulting & Training FZ LLC (LinkedIn). The event was organised by Siddhant Gupta (Campus Director) with content support of Rahul Jain, Leesha Chaurasia and Sandeep Gupta.
The winning team members from BITS Pilani, Hyderabad Campus: Dainiksrama, includes Abhijeet Kumar Singh, Shashwat Agarwal and Uday Krishna.
The team competed in the Hult Prize at BITS Pilani, Dubai Campus event on 05 December 2015 and built a solution to this year challenge by President Bill Clinton around URBAN CROWDED SPACES. Their solution is DAINIKSRAMA, India’s first service aimed to connect Day labourer to individual who need them for their work. Comprising of some enthusiastic people ready to make changes at grassroots level and has already made positive impact on the society.
The team will now move on to compete at the Hult Prize regional finals in March 2016, which are being hosted at one of Hult International Business School’s five campuses in Boston, San Francisco, London, Dubai and Shanghai. BITS Pilani, Dubai Campus will compete in Dubai.
Ranks of the participated teams out of total 25 teams (top 8)
- Dainiksrama: Abhijeet Kumar Singh, Shashwat Agarwal, Uday Krishna;
- Renaissance: Tarun Krishna, Adhitya Natarajan, Mihir Prabhudesai;
- Loxley: Mathew Abraham, Varun Sharma, Ashvriya Thapa, Pavit Ramesh;
- TCN (Cardinal Negotium): Abirami Baalaji, Swetha Sivakumar, Athul Krishnan, George Manoj;
- Acclivity: Yashaan Cooper, Piyush Batra, Aadhyaa Rai, Nidhi KC;
- Innovation: Avani Gupta, Akansha Das, Aatrayee Bhattacharjee, Nikshita Ranganathan;
- Y-Nots: Apoorva Singh, Varun Bala, Ishita Gupta;
- Outspace: Manan Sharma, Omar Ismail, Sahil Shakir;
“It’s not everyday that you have an opportunity to change the world. And one does not simply walk away from such an amazing opportunity”
Ahmad Ashkar, CEO and Founder of the Hult Prize attributes the success of the competition to the global youth revolution and said, “We continue to be moved by the large number of students from around the world who are capitalizing on the opportunity to develop business models that target the bottom of the pyramid. We wish every team the best of luck and thank BITS Pilani, Dubai Campus for supporting this initiative.”
Following the regional finals, one winning team from each host city will move into a summer business accelerator program, where participants will receive mentorship, advisory and strategic planning as they create prototypes and set-up to launch their new social business. The final round of competition will be hosted at the Clinton Global Initiative Annual Meeting in September, where one team will be selected as the Hult Prize recipient. None other than President Bill Clinton himself will award the USD 1,000,000 Prize to the winning team.
“The Hult Prize is a wonderful example of the creative cooperation needed to build a world with shared opportunity, shared responsibility, and shared prosperity, and each year I look forward to seeing the many outstanding ideas the competition produces.” – President Bill Clinton, Founder, William J. Clinton Foundation and 42nd President of the United States.
About the Hult Prize Foundation
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 student competition and crowd-sourcing platform for social good, and has been funded by the Hult family since its inception in 2009. To learn more, visit www.hultprize.org.
About The Clinton Global Initiative
Established in 2005 by President Bill Clinton, the Clinton Global Initiative (CGI), an initiative of the Bill, Hillary & Chelsea Clinton Foundation, convenes global leaders to create and implement innovative solutions to the world’s most pressing challenges. CGI Annual Meetings have brought together more than 150 heads of state, 20 Nobel Prize laureates, and hundreds of leading CEOs, heads of foundations and NGOs, major philanthropists, and members of the media. To date, CGI members have made more than 2,500 commitments, which are already improving the lives of more than 430 million people in over 180 countries. When fully funded and implemented, these commitments will be valued at $87.9 billion.