The Faculty of Management Studies (FMS), University of Delhi, will hold the 8th edition of the Hult Prize competition at its New Delhi campus on November 25. The theme this year is ‘Transform: Harnessing the Power of Energy to transform the lives of 10 million people’.
The annual Hult Prize awards $1 million in funding to the team of business students that comes up with the most innovative and radical ideas to build energy-driven technologies to make the world a better place to live in. BusinessLine on Campus is the digital media partner for the event.
The Hult Prize is the world’s largest student competition, started in 2009 in partnership with former US President Bill Clinton and the Clinton Foundation, which has brought students together from across the globe to solve some of the world’s most pressing issues. This year, the Hult Prize challenges participants to build a scalable, sustainable social enterprise that harnesses the power of energy to transform the lives of 10 million people by 2025.
Says Hult Prize FMS Campus Director Sahil Yadav: "Our Ideas create change. This prestigious event is a lifetime opportunity for all the students at FMS. We do not just believe in the power of ideas but also in the power of execution. We are excited to participate and help bring about global change."
Details about Participation
Students interested in participating need to register as a team of three to four members on the Hult Prize FMS website on this link . The winning team will be awarded $1 million as seed capital to develop their entrepreneurial idea. No prior experience is needed to participate in the event.
About FMS
FMS Delhi is one of India's premier B-schools and regularly features among the Top Five B-Schools every year. The Faculty of Management Studies focuses on management education rather than just business management. The commitment is to thought leadership with a deep understanding of business. This approach to pedagogy combines fieldwork, case studies and feedback with a strong emphasis on concepts and theory. The intent is to encourage intellectual curiosity and open young minds to the adventure of ideas.
FMS is part of one of the country's premier universities — the University of Delhi — that boasts some of the finest departments in Economics, Law, Sociology, Commerce and Operations Research. A collaborative approach involves inputs from various departments that gives students the benefit of a much wider view and deeper understanding. FMS alumni are in positions of leadership in industries and governments across the world. And its network of over 9,000 alumni gives students unmatched access to information, mentors, and careers.