• About CEIBS

    Sign up, follow us and join the conversation on CEIBS Social Media!

    Social Media
    664
  • About CEIBS

    China Depth, Global Breadth

    CEIBS Beijing
    664
  • About CEIBS

    Unmatched China knowledge, proven global expertise

    CEIBS Shanghai
    664
Thursday, March 10, 2016

World-changing CEIBS MBAs

- CEIBS team in Regional Finals for Prestigious Hult Prize Competition

March 10, 2016. Shanghai – CEIBS MBA 2017 students Arpit Mishra (India), Annie Dong (China), Oojin Mudget (US), and Gabriel Pei (China) will present their vision for improving the living standards of low-income city dwellers during the 2016 Hult Prize Regional Finals being held this weekend in Shanghai. The CEIBS team, named “Learn n lance” will be up against 48 other teams from the world’s top colleges and universities for the chance to move ahead to the global finals of this prestigious international competition, which is organized by the Clinton Global Initiative and aims to nurture budding social entrepreneurs around the world. Their efforts will be judged by an executive jury of experienced CEOs, VCs and social entrepreneurs.

Around 200 other teams will be competing at the same time in regional finals in Boston, San Francisco, London and Dubai. One winning team from each city will be chosen to participate in a two-month incubator over the summer, where they will have access to experts who can help them further develop their proposal. The five final teams will present their start-up solutions in September during the Clinton Global Initiative annual meeting in New York. The winning team will get a $1 million grant that can be used to launch their new social enterprise. 

CEIBS MBA 2017 Urs Casagrande (Switzerland), who organized and facilitated the HULT@CEIBS competition amongst CEIBS MBA students who wanted to represent the school in the regionals of this prestigious event, says that participating in the Hult Prize Competition has been as rewarding as it is challenging. It helps raise the profile of the school as well as team members, and he noted that no matter how the CEIBS team fares in the competition, he is sure their proposal will lead to a viable social enterprise. The students have also gotten a taste of what real social entrepreneurship is like. Their preparations for the competition have included coaching sessions with CEIBS faculty and local entrepreneurs.

The challenge for the 2016 edition of the Hult Prize is focussed on “Crowded Urban Spaces”. Teams are charged with finding ways to better connect residents of these spaces to products, people, services and capital in order to improve their living conditions and at least double their incomes.