Hult Prize at IBA

Hult Prize at IBA

IBA AMAN Center for Entrepreneurial Development (CED), advances to Regional Finals of 8th Annual Hult Prize in response to the United Nation's Challenge of "Harnessing the Power of Energy".

The Grand Finale of the first edition of Hult Prize at IBA (presented by Market Link Pvt. Ltd) was organized by IBA Entrepreneurship Society on 12th December 2017 at IBA Main Campus. Top 10 teams selected in the Semi-finals, presented business ideas to solve the challenge set by the United Nations: "Harnessing the Power of Energy to impact the lives of 10 million people."

The Chief Guest, Mr. Imran Jattala, National Director Hult Prize announced the Winning Team "SOS" a 4-member team of MBA students including Sidra Tariq, Salman Sajjad, Ayesha Hasan and Ahmed Saeed Khan.

Hult Prize at IBA

The Hult Prize at IBA Finals had the honour of having the most experienced judges. Joining the judges panel were Mr. Humayun Bashir, Former IBM Country General Manager and current Chairman National Clearing Company, Mr Saif Akhtar,Co-founder and CEO of 10Xc, Ms. Maha Abdullah, Senior Program Officer at WWF and Dr. Shahid Qureshi, Program Director CED

The event was graced by the Dean and Director who appreciated the initiative and mentioned it as a turning point for entrepreneurship in Pakistan and in IBA.

Over the course of the past month, the Hult Prize at IBA held numerous information, pitching and mentoring sessions for interested students and participants with the support of IBA IRC and IBA CED. They provided advice, training and tips to the participants so that they could start, form and subsequently deliver their ideas effectively.

Hult Prize at IBA

The winning team "SOS" will now move on to compete at the Hult Prize Regional Finals in March 2018 which are being hosted in 15 cities around the world. The team will be a part of the Legacy as the first team to represent IBA in the world's largest competition termed as 'The Nobel Prize for Students'.

Ahmad Ashkar, CEO and Founder of The Hult Prize attributes the success of the competition to the Global Youth revolution. He said," We continue to be moved by the large number of students from around the world who are capitalizing on the opportunity to develop business models that target those who are in most need. We wish every team the best of luck and thank Institute of Business Administration, (IBA) Karachi for supporting the initiative.

"The Hult Prize is a wonderful example of the creative cooperation needed to build a world with shared opportunity, shared responsibility and shared prosperity, and each year I look forward to seeing the many outstanding ideas the competition produces'-President Bill Clinton, 42nd President of United States.

IBA CED is thankful to IBA Entrepreneurship Society members who have successfully executed Hult Prize at IBA. These members include Azmat Yasin (Manager), Mehreen Mansoor (Campus Director), and Daim Ashraf, Hibbah Irfanullah, Abdul Rehman Ijaz, Sarmad Naeem & Shaharyar Mallick who served as management team.

Hult Prize at IBA
IBA - Leadership & Ideas for Tomorrow