$1m Hult Prize: Tasued Team advances to regional finals in Abuja

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Team Everest of Tai Solarin University of Education has advanced to the regional finals in Abuja of the fifth annual Hult Prize, the world’s largest student competition for social good.

Team Everest won the on-campus competition with a beautiful presentation of a social enterprise named Chore Choice which has an innovative model aimed at providing employment opportunities for youths with no special skills or educational background and in the same manner reduce the rate of child abuse, child trafficking and child labour.

The Hult Prize gives entrepreneurs from around the world a platform to innovate and revolutionize the way society thinks about servicing the poor. Each team selected was chosen from more than 20, 000 applications received from over 500 colleges and universities in over 150 countries.

Following the regional finals, one winning team from each host city will move into a summer business incubator, where participants will receive mentorship, advisory, and strategic planning training as they create prototypes and set-up to launch their new social business.

A final round of competition will be hosted by the Clinton Global Initiative at its annual meeting in September this year, where CGI delegates will select a winning team, and the prize to be personally awarded by Clinton, who described, the Hult Prize as “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.”

To learn more, visit www.hultprize.org.

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