The Hult Prize is a start-up accelerator for impact entrepreneurship, a partnership between the Hult International Business School and the Clinton Global Initiative. It brings together university students from around the globe to solve the world’s most pressing issues through innovative product pitches and company launches. Each year the Hult Prize provides $1million in seed capital to the winning team’s newly created company.
Hult Prize at Ashoka University – The campus round of Hult Prize, Ashoka University addressed the topic: “Harnessing the power of energy to transform the lives of 10 million people”. 10+ teams competed, presenting their ideas aimed at creating sustainable social ventures around the prompt.
The winning team, MC Squared (Solar Sakhi), consisted of Atitya Ragul.V, Neeraj Adhithya K.S., Twinkle Malhan and Gangatharan. Their idea was to build a compact and cost-effective Stand Alone Power System (SAPS) based on solar technology for rural primary schools. The first runner-up, team Jugaad AC, comprised of Tanisha Katara, Surendra Singh and Sourabh Tuwani. They aimed to build eco-coolers with plastics without the use of electricity. The second runner-up, team Project Urja, consisted of Vishal Ajjampur, Jayjit Das, and Vikrant Kadian, and they aimed to harness the power of clean biogas energy to innovate how we grow, cook and dispose of food.
The event was judged by Mr Anurag Kanti and Mr Anirban Roy. Mr Anurag Kanti is the founder of INDIA Redefined, a collaborative platform for citizens, corporates and NGOs and an advisor/mentor for start-ups, social enterprises and incubators. Mr Anirban Roy is the Managing Director of SEED, an end to end CSR implementing agency.
The winning team, MC Squared, competed in the Regional Finals in Singapore in March 2018. Apart from MC Squared, three other teams from the Hult Prize event represented Ashoka in India National Finals in Delhi in April 2018.
The winning team will go on to represent Ashoka University at the regional finals, and then compete for the big prize if selected.