Hult Prize on campus program @ RUET. Today, the Hult Prize is the world’s biggest engine for the launch of for-good, for-profit startups emerging from university around the world. The Hult Prize was established in 2010 by Ahmed Ashkar and Bertil Hult, and is an annual, year-long competition that crowd-sources ideas from students after challenging them to solve a pressing social issue around topics such as food security, water access, energy, and education.The Hult family – founders of EF Education First – donates USD 1 million in seed capital to help the winning team launch a social enterprise. The Prize is a partnership between Hult International Business School, the United Nations Foundation, and the Clinton Global Initiative. Bill Clinton selects the challenge topic and announces the winner each September. Clinton mentioned the Hult Prize in a TIME Magazine article about "the top 5 ideas that are changing the world for the better"