Hult Prize Foundation is organizing the semi-final round of its international competition, launched at the beginning of this academic year for the first time in Lebanon, on Saturday 12 May 2018 starting 5:30 pm in La Magnanerie, Sid el Bauchrieh, Beirut. The Hult Prize Lebanon National Semi Finals will be held in partnership with the Central Bank of Lebanon and BLOM bank and in cooperation with the United Nations Information Centre in Beirut (UNIC Beirut).
The competition ran under the title “Harnessing the Power of Energy to Transform the lives of 10 million people”, featuring the participation of students from different universities in Lebanon. Fifty teams qualified for the semi-finals, including around 200 students. The aim of this competition is to encourage young people to innovate and create social enterprises that promote optimal use of energy for a development issue. There will be six teams competing in the finals in September after receiving training for a period of seven weeks. The winning team will be awarded a sum of USD250K to set up its own startup company. Details of the final award ceremony will be communicated in due time.
Hult Prize Foundation is the World's Largest accelerator for youth-driven innovation and entrepreneurship, creating and funding game-changing startups every year. It was founded in 2009 by Palestinian American Ahmad Ashkar, and has been called the “Nobel Prize for Students.”
Please find enclosed the opening program.
The UN Information Centre in Beirut Kindly requests all media institutions to grant this event the highlight it deserves.
