A team of Regent students have advanced to the Regional Finals of the Hult Prize, which is scheduled to take place in Madrid, Spain, from 5th to 6th April 2019.
The Hult Prize is an annual start-up competition for budding young social entrepreneurs emerging from the world's universities with a winning prize of $1,000,000.
Student teams must compete in increasingly competitive pitch offs across the world before a winner is selected.
The Regent team was selected from a record breaking pool of over 200,000+ applications received from over 120 countries to participate in this game changing initiative. The Regional summits are hosted in over 25 different cities representing all the geographical regions of the world.
Regional summits provide students from around the world the opportunity to showcase their innovative ideas, learn from their peers, and be inspired by a generation of young people who are committed to changing the world through business.
Members of the Regent team include Emmanuel Amo (level 400, instrumentation engineering student), Charlotte Dinko (Level 400, Telecommunication Engineering student), Kingsley Brew (Level 300, Computer Engineering student) and Emmanuella Randall-Abakah (Level 400, Instrumentation Engineering student).
The start up idea of the Regent team is to set up a bee Bee Farm and Honey Processing Unit and a Production of Paper from Banana Stem. The vision of the project is to create 10,000 meaningful jobs within the next decade.
"Our team is excited about the opportunity to be able to introduce social change, to launch disruptive start-ups and be part of an international community of change makers" said Cornelius Nyonator, Campus Director fle the Hult Prize at Regent.
One winning team will be chosen from each region. This winning team will move into the summer Hult Prize Accelerator at the Ashridge Castle, a world class center for innovation and entrepreneurship. Here, the selected team will take its concept to the next level, and refine it, as the team moves towards developing and scaling a prototype along with incorporating a company which will launch the new venture.
Top teams will travel to attend the Global Finals, where each team will pitch for the US1M Hult Prize in September 2019 at the United Nations Headquarters in New York City. At this event, each team will present their new social enterprise to luminaries, start up pioneers and global leaders.
We wish the Regent team all the best in the competition!