The UI students qualified for the competition after scaling through the selection process, before going they went to Boston, San Francisco, London, Shanghai, and Dubai for the semi-final stage.
A group of University of Ibadan students have qualified for the quarter-final round of an international competition named Hult prize competition.
The competition, which is tagged ‘Reawakening Human Potential: The Refugee Opportunity’, aims to build sustainable, scalable social enterprises that restore the rights and dignity of 10 million refugees by 2022.
The quarter-final stage will be hosted by the University of Ibadan.
If the students win at this level, they qualify to participate in the global finale to be held in New York by September 2017 where they would be competing for the grand prize of a million dollars.
About ten teams which is made up of three to four students making a team, will have the opportunity to draw up a social business plan capable of solving the refugee challenges starting from their communities and Nigeria.
Hult prize in collaboration with Clinton Global Initiative hopes to guide student-generated startup enterprises to create value along the entire supply chain of services supporting refugees.
Student teams competing in the Hult Prize 2017 challenge will be asked to reimagine the refugee crisis, and create new architectures of identity and belonging, relevant to the realities of the twenty-first century.