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Hult@UMD Seeks Problem-Solving Ideas for $1M Startup Funding Prize

By Maryland Today Staff

Do you have the next million-dollar idea? Students who think so can register their team for the 2019 Hult Prize challenge, a competition that awards $1 million in startup funding to students able to bring new problem-solving ideas to life.

This year’s competition, hosted by the Center for Social Value Creation and the Dingman Center for Entrepreneurship, challenges students to come up with an idea that could provide meaningful jobs to 10,000 young people over the next decade.

While a fully fleshed-out business model isn’t needed to compete, ideas should be aligned and sustainable, profitable, feasible and market-driven, disruptive and scalable.

Teams must register by Nov. 16, and the Hult@UMD finals will be held Nov. 30. The winning team will go on to a regional competition in March in Boston.

If you need help finding a team, sign up here. For more information, visit the Hult@UMD webpage or email katharine.mchugh@rhsmith.umd.edu.

Maryland Today is produced by the Office of Strategic Communications for the University of Maryland community weekdays during the academic year, except for university holidays.