Wonderful to hear that Bill Clinton has chosen ‘Early Education‘ as a topic for the $1 Million Hult Prize. We’ve been reading a lot about the ASER reports and learning levels of kids in India and this prize will definitely be a motivation for those who want to improve learning levels.work in this space.
The international prize, named for Swedish billionaire Bertil Hult, goes to university students competing for a chance to launch their socially conscious business plan. Clinton is a “key partner” for the prize and is in charge of selecting the subject of the challenge each year. Last year, 11,000 teams submitted ideas for tackling health care in what they termed “urban slums.” The year before that it was the global food crisis. Before that, energy poverty. You get the idea.
Prize administrators expect about 10,000 applicants to submit ideas for companies that would tackle the issue of early learning in impoverished urban areas around the world. After several rounds of competition, six teams will be named finalists, and one of them will win the 2015 Hult prize at the next Clinton Global Initiative conference.
“The challenge specifically asks teams to build sustainable and scalable social enterprises to address the early-childhood education gap in kids 0-6 years old,” according to the Hult Prize website.