Challenge the world by winning USD $ 1 million in seed funding through the Hult Prize Challenge 2025. The winner will get a chance to represent HKUST for the Hult Prize Summits and get one step closer to the Global Accelerator and USD $ 1 million.

The Hult Prize is a global social entrepreneurship competition with a 1 million USD award for the winner. Every year it challenges university students around the world to put their time, talent, and innovative ideas towards solving the most pressing global problems.

WINNER SELECTION/JUDGING CRITERIA

● Winners will be judged based on the following criteria:

 ====== Final Round ======

Team（25%）

• Expertise: Are the team members committed and do their skills complement each other?
• Structure: Does each team member have a clear role and responsibility?
• Communication: Did the team work well together and present their pitch and Q&A effectively?

Idea (25%)

• Problem: Does the team clearly understand the problem and its impact?
• Solution: Is the solution innovative and effective in addressing the problem?
• Prototyping: Has the solution been tested with real users and has feedback been integrated?

Impact(25%)

• Alignment: Does the venture align with at least one UN SDG?
• Measurement: Are there clear KPIs measuring impact?
• Incremental Growth: Is venture designed to show measurable impact growth with increased revenue?

Business Viability(25%)

• Business Model: Is there a clear, comprehensive business model?
• Profitability: Does the team understand unit economics and have a realistic path to profitability?
• Competitive Advantage: Does the venture have a sustainable competitive edge or disruptive potential?

Total 100%

AWARDS:

Gold Award: HKD$5,000

Silver Award: HKD$3,000

Bronze Award: HKD$1,000

• The prize of Hult Prize at HKUST 2025 prize is non-transferable by the winner. If you accept a prize, you will be solely responsible for all applicable taxes, if any, related to accepting such prize.