KATHMANDU, Dec 12: School of Management, Tribhuvan University (TU) successfully completed its second session of Hult Prize on Sunday. Students tackle United Nations “For Us By Us: The Global Youth Unemployment” Challenge as per a press statement released by School of Management, TU. 

The Hult Prize is a start-up accelerator for social entrepreneurship that brings together the brightest college and university students from around the globe to solve the world’s problem. The aim of the Hult Prize is to launch a start-up enterprise that can radically change the world and breed the next generation of social entrepreneurs as per the press statement. In partnership with the United Nations, the Hult Prize is hosting college and university events around the world in search of the next game-changing start-up. It is a global movement of student leaders that has an objective of inspiring youth to change the world through business. Student teams compete around the world for a chance to secure US $ 1 Million start-up funding to launch a sustainable social venture.

Hult Prize at TU, SOM Final Event successfully completed its “on-campus event” on December 9, 2018, the quarterfinal round of the Hult Prize 2019. The winners will get a direct qualification to the “Regional Event” which will be happening at 26 different cities all over the world. Student entrepreneurs were asked to create viable start-up centered on the theme of the Hult. A total of 32 teams participated at the event. It was assessed by a panel of 16 jury members from different sectors and expertise.

The jury selected team “SRASTHA” as the winner of the Hult Prize 2019 event out of the total entries. Team “Gras Ruts” was the first runner up and team “Doing traditional way, creating employment” secured the second runner up position.

According to the team captain of “SRASTHA”, “We plan to prepare an online business called YATRI where the tourists can choose their own travel companion to travel short places. The companions they can choose are students who are enlisted in our online platform though different selection process.”

The program was chaired by Prof Mahananda Chalise, Director, School of Management, Tribhuvan University and Prof Dhurba Kumar Gautam, Acting Dean; Faculty of Management was the chief guest of the event. Prof Dinesh Mani Ghimire, Deputy Dean, Faculty of Management was the special guest and added charm to the event.