New York University Abu Dhabi to Host a Local Edition of the Hult Prize

College Sophomore Diego Sandoval recently announced that New York University Abu Dhabi has been selected to host a local edition of the Hult Prize, the world’s largest student competition for the creation of new social businesses. The annual Hult Prize awards USD$1,000,000 in start-up funding to the team of students that develops the most radical and breakthrough idea to solve one of our world’s toughest social challenges.

In partnership with former President Bill Clinton, the Hult Prize is hosting college and university events around the world in search of the next game-changing start-up. This year’s challenge is to build sustainable, scalable social enterprises to restore the rights and dignity of 10 million refugees by 2022.

Campus Director, Diego Sandoval, will be leading the Hult Prize at New York University Abu Dhabi initiative, and is confident that his peers on campus have tremendous chance in standing out at this year’s competition.

“By being part of a leading research institution in the Middle East, NYUAD students have a unique opportunity to be at the forefront of driving change, and this year’s call to restore the rights and dignity of refugees is one that our teams are driven to face boldly.” NYUAD has an excellent track record with the Hult Prize, including the first place winners of the energy track challenge back in 2012. NYUAD Vice Chancellor Al Bloom says, “Our students’ success emerges from their extraordinary intelligence, imagination, perseverance, and commitment to humanity, and terrific support from faculty, staff, and alumni.”

The winner of the intra-campus event will automatically advance to compete in one of five regional finals happening around the world in Boston, San Francisco, London, Dubai and Shanghai next March. One winning team from each host city will then move onto a summer start-up accelerator, where participants will receive mentorship, advisory and strategic planning as they create prototypes and set-up to launch their new social business. A final round of competition will be hosted in September, where the winning team is to be awarded the $1,000,000 prize by former President Bill Clinton himself.

“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,” Clinton has stated.

Hult Prize@NYUAD has quickly registered 20 teams and is currently on the search for Mentors and distinguished Judges.

To learn more, contact: Diego Sandoval at dsandoval@nyu.edu

About Hult Prize@NYUAD

Hult Prize@NYUAD is a local chapter of the Hult Prize offering New York University students the opportunity to compete in a quarterfinal event for their chance to be awarded $1,000,000 by Former President Bill Clinton. The winner of this local competition will have a guaranteed spot in the Regional Finals of their choice, by passing about 22,000 applicants from the general application pool. To become a featured Mentor or Judge, visit hultprizeat.com/nyuad or email dsandoval@nyu.edu.

About the Hult Prize Foundation

The Hult Prize is a start-up accelerator for social entrepreneurship that 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.

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