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March 2015

MBS students reach regional finals of Halt Prize

(13 March 2015)

The Hult Prize Foundation has announced that students from Manchester Business School (MBS) have advanced to the regional finals of the sixth annual Hult Prize.

The members of The University of Manchester team are all current MSc in Innovation Management and Entrepreneurship students. Their team, named EdJoy, consists of Abhishek Patil from India, Daniel Stephens from Brazil, Luis Gueren from Chile and Bota Kassenali from Kazakhstan.

The four were chosen from more than 20,000 applications received from over 500 colleges and universities in over 150 countries.

The annual Hult Prize Challenge is the world’s largest student competition and start-up platform for social good.

Martin Henery, Enterprise Lecturer at the Manchester Enterprise Centre, part of Manchester Business School, said: “This is yet another fine example of the growing interest in social enterprise and how each student can have a positive social impact whether on their own or through working with others. They have been given a challenging but critically important brief, to provide children under the age of six with an early education. However, they are approaching it in the right way, critically evaluating what is meant by educating at such an early age as well as connecting with experts elsewhere in the University. We all wish them well in what will be a stimulating and worthwhile experience.”

Following the regional finals, one winning team from each host city will move into a summer business incubator, where participants will receive mentorship, and advisory and strategic planning as they create prototypes and set-up to launch and scale their new ventures. A final round of competition will be hosted by President Bill Clinton and the Clinton Global Initiative at its annual meeting in September, where CGI delegates will select a winning team, which will be awarded the $1 million Prize by President Bill Clinton himself.