"One of the top five ideas
changing the world."

President Bill Clinton

"The Nobel Prize for students"

Mohammad Yunus, Nobel Laureate

The 2014 Challenge

HEALTH CARE

Solving Non-Communicable
Disease in the Urban Slum

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Hult Prize Final

at Clinton Global Initiative

New York, September 23, 2014


Meet the Judges

Sanjay Gupta

CNN Anchor and Neurosurgeon
 
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Dr. Sanjay Gupta is the multiple Emmy®-award winning chief medical correspondent for CNN. Gupta, a practicing neurosurgeon, plays an integral role in CNN’s reporting on health and medical news for Starting Point with Soledad O'Brien, Anderson Cooper 360°, CNN documentaries, and anchors the weekend medical affairs program Sanjay Gupta, MD. Gupta also contributes to CNN.com and CNNHealth.com.

His medical training and public health policy experience distinguish his reporting on a range of medical and scientific topics including brain injury, disaster recovery, health care reform, fitness, military medicine, HIV/AIDS, and other areas.

Fadi Ghandour

Founder & Vice Chairman
Aramex
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Fadi Ghandour is the founder and vice chairman of Aramex, one of the leading global logistics and transportation companies. He is currently executive chairman of Wamda Capital, a new venture capital fund focusing on technology investments in the Arab World.

Ghandour is also the managing partner of MENA Venture Investments, a seed capital investment company investing in early-stage tech companies. He is a member of the board of Abraaj Capital, a member of the board of trustees at the American University of Beirut, and chairman of the advisory council of the Center for Entrepreneurial Development (CED) at the Institute of Business Administration Karachi (IBA).

Muhammad Yunus

Nobel Laureate
 
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Nobel Laureate Professor Muhammad Yunus is the father of microcredit, the father of social business, the founder of Grameen Bank, and of more than 50 other companies in Bangladesh. For his constant innovation and enterprise, Fortune Magazine named Professor Yunus in March 2012 as "one of 12 greatest entrepreneurs of our time."

Yunus has received several other national and international honors. He received the United States Presidential Medal of Freedom in 2009 and theCongressional Gold Medal in 2010. In 2008, he was rated #2 in Foreign Policy magazine's list of the 'Top 100 Global Thinkers'.

Sheila Lirio Marcelo

Founder & CEO
Care.com
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Sheila Marcelo is the Founder and CEO of Care.com, the largest online care destination in the world which allows families to connect with millions of caregivers to manage the lifecycle of care challenges families face.

Sheila’s introduction to technology started when she was a management consultant at Monitor Company and a teaching fellow at Harvard Business School. Her growing appreciation for the power of technology led her to positions at Internet companies, including VP, Product Management and Marketing at Upromise.com, and VP and General Manager of TheLadders.com.

Meet the Six

  • Sweet Bites

    Bubble Gum for oral and tooth-care protection

    From:

    University of Pennsylvania

    Start-up Concept:

    Tooth decay has a terrible burden on the lives of millions of slum dwellers globally. They cannot afford optimal care, but they can afford and enjoy chewing gum. A xylitol-enhanced gum distributed by local women can re-mineralize tooth enamel, improving the quality of life. ​Women can buy the gum from hubs in India and distribute the small packs in slums for a profit​. These female ambassadors will learn actionable dental healthcare knowledge. Customers will learn from messages on the gum packaging, closing the information gap that prevents access to treatment.

  • Wi Care

    The Wound Pump to treat open wounds in the slum from infections that lead to death

    From:

    MIT

    Start-up Concept:

    In the developing world, untreated open wounds lead to tens of millions of deaths. Diabetics are particularly vulnerable due to their body’s inability to clot. This often leads to amputation.

    Wi Care has created a low-cost medical device that is a simplified negative pressure wound therapy system. Negative pressure wound therapy (NPWT) is a revolutionary technology that has proven to treat chronic wounds. Current application of NPWT in the West is cost prohibitive and infeasible due to FDA restrictions. MIT has successfully piloted their low-cost alternative wound pump device for those earning $2-5 a day in the slums.

  • Bee Healthy

    Using Bees and Bee by-product to revolutionize the detection of diabetes.

    From:

    HEC Paris

    Start-up Concept:

    Bee Healthy is an innovative solution to diabetes detection in urban slums. The Bee Healthy team will harness the power of bees' olfactory systems to detect diabetes on slum dwellers' breath. This solution eliminates the need for needles, fasting and the cost of a medical visit. The production of bee by-products including honey, propolis and wax will be sold in developed countries, creating a link between the first and third world while financing the diabetes detection program.

  • Harambee

    Pioneering pre-heart disease diagnosis and treatment through SlumEMR.

    From:

    ESADE Business School

    Start-up Concept:

    Harambee will help NGOs implement and monitor a holistic, cost-effective and scalable intervention to tackle heart disease in the urban slums. Leveraging the existing infrastructure of HIV-focused NGOs, Harambee's pioneering intervention package will provide a real-time diagnosis and treatment plan to slum dwellers. Data collected will be aggregated into a slum electronic medical record (SlumEMR) which will be licensed to aid organizations, pharmaceutical companies and other healthcare providers.

  • NanoHealth

    Using innovative technology to create micro-insurance health networks for slum dwellers.

    From:

    Indian School of Business

    Start-up Concept:

    NanoHealth local healthcare networks bring cost-effective healthcare to the slum dweller in partnership with the Health Management and Research Institute (HMRI) of India. Through a three-pronged diagnosis, treatment and fulfillment approach, the patent pending Dox-in-Box device will enable local healthcare workers to measure blood pressure, blood sugar level, ECG and blood oxygenation. Patients are automatically connected to healthcare providers who in-turn provide a home-based prescription adherence plan.

  • Reach

    Diabetes screen which can be printed on an ordinary printer for .02 cents

    From:

    York University

    Start-up Concept:

    74 million slum dwellers suffer from diabetes. Most go untreated leading to long term sickness and early mortality, including 332,000 deaths in 2014 alone. Early response rates due to affordable screening allows for life-style change as treatment. This innovative product is patent pending and will make the identification of diabetes within reach of every slum dweller in the world.

Hult Prize by the Numbers

  • 25M Slum Dwellers Targeted 2014 Hult Prize stretch target for individuals impacted by winning idea.
  • 1.4M Million Man Hours Estimated annually for 2013 and 2014. Total applications multiplied by average hours spent per team per challenge via poll of past participants.
  • 11K Annual Applications Annually in 2013 and 2014. Remained level at 11,000 from 2013 to 2014 given the highly-specialized nature of the healthcare challenge versus past challenge topics, which were broader.
  • 1200 Entrepreneurs Participating in the regional finals in 2014.
  • 1000 Social Business Ideas Generated Sum of all regional finalists teams through 2013 competition.
  • 600 Schools Represented In total since the inaugural year (2009).

Aspire Foods

The 2013 winners of the Hult Prize

Learn More

Press

Social entrepreneurship: business smiles

"If you look globally at what is happening in the developing world, you see that the beneficiary of a charity is moving from being a beneficiary to being a customer, and the corporate sector is integrating social because it knows this is its customer base of the future."

Changing the Social Conscience of Business Students

When you think of business school students, what do you think of? Do you view them as the next generation of managers, armed with a Millennial mindset and a solid grounding in business principles?

Can insects end world hunger?

Ending world hunger is a lofty goal with a United Nations' estimate of 870 million people being uncertain of their food supplies. One start-up is poised to tackle this challenge head-on after winning the 2013 Hult Prize and its $1 million capital investment.