Hult Prize at ULAB organized the closing ceremony to cover the curtains of the month-long on campus round of this international business competition on Thursday, March 24, 2022. Moreover, on Wednesday, March 16, 2022, Hult Prize at ULAB supported by Study Abroad with Maces organized their Grand Finale and "Valhalla" proceeded towards the regional round by winning the on campus round. Hult Prize is a year long business competition where students from different universities around the globe get exciting opportunities to solve the social issues which are happening around the planet through their innovative business models. These business models definitely have to be sustainable and would have to create a major beneficial impact for the betterment of our world.
This year Hult Prize was hosted for the second time in ULAB and more than 216 participated in the competition and top 6 teams proceeded towards the Grand Finale of on campus round. The core sponsor of the event was "Study Abroad with Maces". On the special occasion of the closing ceremony, the Chief Guest of the event was Professor Dr. Shamsad Mortuza, Pro Vice-Chancellor of the University of Liberal Arts Bangladesh. As the judges of the finale round of the competition were Mr. Ashraful Insan Evan, Head of Brand and Marketing of Creative Business Group Limited, Estanul Kabir, Senior Program Manager of Bangladesh Wadhwani Foundation, Mr. Asif Uddin Ahmed, Assistant Professor and Director of MBA Program of ULAB and Mr. Abit Utsha, Head of Student Placement of Study Abroad with Maces. The winning team members from Team Valhalla are Abdus Salam, Marchia Ahmed Shreya, Shahbaz Hossain and WahidaParvin. Moreover, Team Dynamic Dynamite and Team the Imperium were declared as the 1at and 2nd Runner-up of the Hult Prize at ULAB.
This was a month long event and the whole event was organized by the Organizing Committee of Hult Prize at ULAB which consisted of 26 student representatives of ULAB. Abdullah SorowarAlif was the Campus Ambassador of Hult Prize at ULAB who led the team and organized the event to represent ULAB in an international platform like Hult Prize. He said, "It was a massive honor for me to represent my university as the Campus Ambassador in the Hult Prize. Moreover, I am very glad to organize this event in my campus successfully with the cooperation of my honorable faculties and students of ULAB".
With a $1,000,000 global startup prize, the Hult Prize has introduced impact focused programs and training to over a million students globally, creating a pathway for youth everywhere to build a better world. Each year, tens of thousands of college and university students from 100+ countries participate, and since its inception, participants have represented 2,000+ institutions of higher education.