HULT PRIZE FOUNDATION ANNOUNCES 2021 WINNERS – Benzinga – Press Release

[ad_1]

STARTUPS WILL SHARE $1M HULT PRIZE GRANT, PARTICIPATE IN OFFICIAL SHOWCASE AT 2022 HULT PRIZE FINALS

BOSTON, April 25, 2022 /PRNewswire/ — The Hult Prize Foundation today announced the winners of the annual $1M USD Hult Prize, which challenges student entrepreneurs worldwide to launch social businesses to solve the world’s most pressing challenges. The 2021 “Food for Good” challenge tasked participants with building viable food enterprises that create jobs, stimulate economies, and improve outcomes for 10,000,000 people by 2030. 

Each of the seven finalist teams chosen to advance from the Hult Prize Accelerator to the Hult Prize Finals are now winners, and will receive $150,000 Hult Prize Grants, along with additional support and an invitation to showcase their innovations at the 2022 Hult Prize Finals in New York City.

“We are delighted to welcome the 2021 winning teams to our exclusive cohort of Hult Prize Grant recipients,” said Hult Prize Foundation CEO Lori van Dam. “From reimagining food waste to bioeconomic empowerment to the repurposing of invasive species, the 2021 Hult Prize winners overcame challenges unique to a pandemic year, while competing in rounds of rigorous competition to field food-related businesses that are already having an incredible impact on people around the world.”

The 2021 Hult Prize winners are:

Chilk (University of California, Los Angeles): The future of boba milk tea; it’s an all-natural, delicious, healthy, vegan alternative to conventional sugary and unhealthy boba milk tea beverages.

Ecospire (An-Najah National University): Revitalizing olive oil waste by bringing you eco-friendly, high-quality, low-cost paper products, all without cutting down a single tree.

MotherBud (Parsons School of Design, The New School): An end-to-end mycelium cultivation platform enabling marginalized communities to build self-sustaining agricultural enterprises at scale.

Propel Foods (Instituto Tecnológico Autónomo de México (ITAM): A FoodTech startup…

[ad_2]