Hult Prize is a global competition open to university students worldwide. To join the Hult Prize, teams must meet specific eligibility rules focused on student status and business ideas. Here’s a breakdown based on official criteria.
The Hult Prize Foundation takes an equity stake (typically around 10%) in the winning startup to fund its non-profit operations.
Core Eligibility
Teams consist of 2-4 currently enrolled students (full-time or part-time in degree-granting programs at any university level: undergraduate, graduate, or PhD). All members must be at least 18 years old as of the cycle’s key date (e.g., February 28 for recent cycles).
Team Requirements
Designate a CEO from eligible team members who actively leads.
At least 51% equity owned by listed eligible team members.
Represent one university (members can be from different schools).
Pitch a for-profit social business supporting at least one UN Sustainable Development Goal.
Idea Criteria
Your startup idea must target positive impact on people/planet (e.g., any development stage, including early ideas or funded ventures). Non-profits are ineligible.
Registration Process
Form a team, then register online at hultprize.org via “Apply Now” (select “Become a competitor”). Campus events may have local qualifiers first.