Globally, over 250 million slum dwellers suffering from chronic diseases need healthcare. The social and economic cost of chronic diseases is significant for individuals, families and societies. Chronic diseases in slums are not a priority for governments, the private sector or NGOs. Building successful social enterprises in slums will be difficult.
This year’s challenge as issued by the Hult Prize and the Clinton Global initiative: Can we build a social healthcare enterprise that serves the needs of 25 million slum dwellers suffering from chronic diseases by 2019?
2014 Hult Prize Challenge and the Clinton Global Initiative
The Hult Prize is a global competition and start-up accelerator for young social entrepreneurs emerging from the world’s universities. Named as one of the “Top Five Ideas Changing the World” by President Bill Clinton and TIME Magazine, the annual competition for the Hult Prize aims to identify and launch the most compelling social business ideas—start-up enterprises that tackle grave issues faced by billions of people.
The Hult Prize challenges students from around the world during regional competitions in Boston, Dubai, London, San Francisco, Sao Paulo and Shanghai. Winners receive USD 1 million in seed capital, as well as mentorship and advice from the international business community in an intensive six-week Social Enterprise Accelerator.
It’s a big challenge and we need big ideas
If you’ve got 10 minutes to think about making an impact in this space and 10 minutes to get online, we welcome your ideas — no matter how novel or different they may be.
As a participant, you will substantively assist the 350 teams as they begin their work competing for the Hult Prize. This is a unique opportunity to contribute ideas – that all the teams can utilize – to build more complete and scalable solutions to this year’s health care challenge. You will help provide insights and ideas to 1,500+ students, most of whom are high-performing and highly motivated mid-career MBAs in the social enterprise and entrepreneurship space.
Our partners, the IXL Center and the Hult Prize case challenge, are accepting idea submissions right now on hultprize.hypego.net. Hype, a leading provider of idea management software solutions, will be sourcing multiple networks to generate a bank of ideas that will be distributed to 350 teams in early February. Six finalist teams will emerge from the regional runoffs in March to work more intensively and participate in the Hult/IXL Social Enterprise Accelerator in July/August. In September, the teams will present their ideas before a panel of international judges and attendees at the annual meeting of the Clinton Global Initiative.
The idea campaign is live now – ends Feb. 7
Log on, submit your ideas, and help teams build social enterprise that will change the world. It’s good for the world, it’s good for you and it will be good for the students who are committed to making a difference.
The Hult Prize and the Center for Innovation, Excellence and Leadership along with other communities and networks from World Bank, UN Foundation, World Economic Forum, TEDMED, Innovation Excellence Community, Global Innovation Management Institute, and robust corporate ideation network such as Cisco Smart Zone, TATA and others invite you to stand side by side.
Idea Sourcing is active NOW at hultprize.hypego.net and ENDS February 7
image credit: bigstock.com
Wait! Before you go.
Choose how you want the latest innovation content delivered to you:
- Daily — RSS Feed — Email — Twitter — Facebook — Linkedin Today
- Weekly — Email Newsletter — Free Magazine — Linkedin Group
Julie Anixter is the executive editor and co-founder of Innovation Excellence. She also serves as the Executive in Residence for the Disruptor Foundation. She also serves as Chief Innovation Officer of Maga Design, a leading visual information mapping firm. The co-author of three books, she’s working on a fourth on courage and innovation. She worked with Tom Peters for five years on bringing big ideas to big audiences. Now she works with the US Military, Healthcare, Education, Manufacturing and other high test innovation cultures that make a difference.