The application form for Hult Prize at Kathmandu University (KU) 2017/18 opens from today under the theme of harnessing the power of energy to transform the lives of 10 million people.

Hult Prize is open for all students from KU. Students will form a team of 3-4 members and register their team to compete in ‘Hult Prize at KU’. The teams have to come up with an enterprise idea tackling the problems relating to the Hult Prize Challenge 2018. All the teams that apply for the competition may compete to secure the first position and one winning team will represent Nepal and Kathmandu University in one of the five regional finals: Boston, San Francisco, London, Shanghai, or Dubai. The interested participant teams will get change to submit form till last week of November. Hult Prize competition will be held at KU on 2^nd week of December.

The participants are expected to formulate a scalable and sustainable business idea relating energy to one of the six dimensions: food, water, education, health, connectivity and mobility.

Gaurab Dahal (KUSOM) is the Campus Director of Hult Prize at Kathmandu University. He has been selected by the Hult Foundation to host Hult Prize in the university after a rigorous process.

Pramila Ramtel from Kathmandu University (School of Science), outreach and promotion coordinator shared with Nature Khabar online that targeted participation for the competition are more than 85 teams and one of the fifteen Regional finals. She added, ‘Participant teams are very excited for the competition.’ The participating team will be provided mentorship and info-sessions throughout October and November on the pressing problems relating to the challenge and how to solve them. The winning team will be awarded with a USD one million as a capital to give shape to their idea and work to solve the problem.

Last year team Utopia consisting of 4 members (Pratik Satyal, Bivush Rizal, Ronesh Shrestha, and Ayush Adhikari from the School of Engineering) secured the first position in Hult Prize at KU 2016/17. The winning team then underwent 3 months of idea incubation session and mentorship from the Innovation Lab and then represented Kathmandu University in the Regional Finals in Dubai on March 3 and 4, 2017. Team Utopia shares the experience of representing Kathmandu University amidst thousands of Universities from around 150 nationalities as one of the best and life changing experiences of their lives.

Hult Prize at KU is one of the many on-campus events that will take place in different universities around the world. Hult Prize is an international social entrepreneurship idea competition that invites young students to formulate a business idea that can solve a global pressing problem or challenge announced by President Bill Clinton. Hult Prize is a partnership between Clinton Global Initiative and Hult International Business School.