The Noakhali Science and Technology University in collaboration with the Institute of Information Sciences hosted the international Hult Prize on Campus competition on its campus on Thursday.
The university’s Institute of Information Sciences department’s N Fiber team became the champion and Women Fiber became the runner-up of the intra-campus level segment of the competition. This year’s topic is generating environment‑friendly business idea.
The teams will compete in the regional finals in China and India to represent Bangladesh for the final Hult Prize contest at United Nations, New York.
Around 10,000 universities around the world will get the opportunity to attend the final round to be organised by United Nation Global Clinton Initiative and Hult International Business School.
The winning team will be awarded the $10 lakh prize.
As part of the segment, Noakhali Science and Technology University was awarded the opportunity to organise contest for allowing the students to compete in the intra-campus level competition.
The programme was attended, among others, by NSTU vice-chancellor Didar-Ul-Alam, treasurer Mohammed Faruque Uddin, IIS director Abdullah-Al Mamun, and Hult Prize NSTU convener Shamima Yesmin.
The electronic and print media partner of the event was New Age.
The Hult Prize is an annual and year-long competition that obtains ideas from students after challenging them to solve a recent social crisis. The aim of the contest is to encourage social business ideas of budding young entrepreneurs and the winner will be given $1 million as seed capital for his/her business initiative.
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