Students can Compete for $1 Million from Hult Prize Foundation

For the second year, the University of St. Thomas is inviting students from all disciplines to participate in the planet’s largest student competition to solve the world’s toughest challenges and possibly win $1 million. The 2016 Hult Prize challenge is "Crowded Urban Spaces," as selected by former President Bill Clinton at this year's Clinton Global Initiative Annual Meeting in New York.

The team challenge is to build sustainable, scalable and fast-growing social enterprises that double the income of 10 million people residing in crowded urban spaces by better connecting people, goods, services and capital. Winners receive $1 million in seed capital, as well as mentorship and advice from the international business community.

An information session will be held at 5:30 p.m. Wednesday, Oct. 14, in James B. Woulfe Alumni Hall in the Anderson Student Center. Team registrations are due by Oct. 30. The University of St. Thomas' on-campus qualifying competition will take place Dec. 8.

The Hult Prize Foundation is a not-for-profit organization dedicated to launching the world's next wave of social entrepreneurs. Named as one of the top five ideas changing the world by President Bill Clinton and Time magazine, the annual competition encourages the world's brightest business minds to compete in teams of three or four members to solve the planet's biggest challenges with innovative ideas for sustainable start-up enterprises.

Learn more about the Hult Prize and register online.

To refer potential participants, please send a message to and include the name and St. Thomas email address of the students.