Kathmandu: St. Xavier’s College has organized empowerment program ‘Hult Prize 2024’ for social entrepreneurs . The Hult prize on campus event, which is held every year, was organized by the college this year with the theme ‘Dedicated to Excellence, Leadership, Service’.
Under the expert guidance of Campus Director Yush Pokharel and Deputy Campus Directors Aaditya Singh and Shuvam Shrestha, the Hult Prize 2024 supported by Vianet Communication Ltd. revealed its magnificence at St. Xavier’s College in an attempt to tackle the most pressing issues facing the globe through the lens of social entrepreneurship. Dedicated to promoting creativity and meaningful transformation, the event gave aspiring business owners a stage on which to present game-changing concepts based on the principles of the Sustainable Development Goals (SDGs) of the United Nations.
The idea was straightforward but profound: participants were asked to create business plans that addressed important global concerns and showed how they aligned with at least one of the SDGs. A surge of inventiveness and creativity was spurred by this flexible approach, enabling people to choose their own path toward a more just and sustainable future.
With the support of a committed 16-member organizing committee, the event gained traction as it progressed through its ambitious schedule. The allure of a $1 million USD prize and the chance to compete on a worldwide platform set participants up for success right away.
Teams of three to five people set out on an ideation and refinement journey that culminated in an on-campus program where they demonstrated their business acumen and creative solutions. The teams competing in the regional summit, where they would match wits with counterparts from various nations and cultures, were the top seeds, so the stakes were very high.
With the primary focus of “Unlimited,” ten teams made an impact, each bringing a powerful blend of creativity, passion, and purpose.These teams refined their pitches and strengthened their resolve to bring about change on a global level, under the direction of detailed guidelines and enhanced by several training sessions led by experienced mentors.
The final phase of the program came with the finals,which was supported by different partners and Vianet as a main sponsor of the event where an esteemed panel of entrepreneurs served as judges and carefully examined each presentation. The atmosphere erupted with excitement as the result of months of hard work and dedication was revealed to a delighted audience.
Hosting the Hult Prize was more than just an occasion for St. Xavier’s College; it was evidence of their steadfast dedication to producing socially conscious leaders and promoting an innovative culture. The event was a huge success, demonstrating the transformative potential of social entrepreneurship and encouraging students to become change agents in their communities and beyond.The Hult Prize at St. Xaviers College has had a significant influence, inspiring students to engage in social entrepreneurship and raise awareness of the UN’s sustainable development goals.This event couldn’t have been possible without the help of the helping hands along the way.
The On-Campus Finals conducted on the 23rd of February in the presence of Mr. Rasta Bimochan Timalsena (Random Nepali) as the Chief Guest, had a talented panel of Judges. Mr. Raj Bikram Shrestha, the CEO of Galli Maps, Mr. Niraj Bhatta the CEO of Bibaabo and Ms. Deepa Gurung the founder and CEO of Pari Cosmetics helped judge the 7 finalist teams, out of which Team Furnicamp was crowned as the Winner while Team Black Gold became the second runnerup with the idea of utilizing plastic wastes to make furnitures and using stray cows, oxen to produce biogas and other products as their main idea respectively.
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