"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

Learn More

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 news for Starting Point with Soledad O'Brien, Anderson Cooper 360°, CNN documentaries, and anchors the weekend medical affairs program Sanjay Gupta, MD.

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 the executive chairman of Wamda Capital, a 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.

Ashish Thakkar

Founder and Managing Director
Mara Group
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Ashish Thakkar is the Founder and Managing Director of the Mara Group of companies. In 15 years, he has taken the Group from selling computers to friends, to a global firm that exists today in 18 African countries. Thakkar is passionate about the growth and development of Africa and focuses on commercial and philanthropic initiatives across the continent. In 2010, the Mara Group was identified by the World Economic Forum as a company with the potential to be a force for economic and social change. Thakkar has been appointed on the advisory panels to several heads of state in sub-Saharan Africa and is a team member of the Commonwealth Business Council and COMESA. He will be representing East Africa on Virgin Galactic's first mission into space, making him Africa's second astronaut.

Meet the Six

  • Sweet Bites

    Sweet Bites uses 100% xylitol chewing gum to fight tooth decay.

    From:

    University of Pennsylvania

    Start-up Concept:

    Tooth decay has a terrible burden on the lives of millions of slum dwellers globally, both affecting their quality of life and increasing their risk of heart disease. They cannot afford optimal care, but they can afford and enjoy chewing gum. Our 100% xylitol gum is clinically proven to essentially stop the progression of tooth decay when chewed daily. We distribute this gum to children in need through channels including: food security programs and local corner shops. Local dental students join us as part-time Sweet Bites ambassadors, helping us educate school children in slums about the need for proper oral care and how Sweet Bites can make a difference. In exchange for their help, we provide these ambassadors with a way to pay for their critical dental education.
    Campaign: http://igg.me/at/sweetbites
    Website: www.sweetbitesgum.com
    Twitter: @SweetBitesGum

  • Wi Care

    Breaking down the barriers for global medical devices.

    From:

    MIT

    Start-up Concept:

    In the developing world, open wounds lead to tens of millions of infections, amputations and deaths. Diabetics are particularly vulnerable due to their body’s poor circulation, which prevents healing.

    WiCare has created an affordable medical device that is a simplified negative pressure wound therapy (sNPWT) system. Negative pressure wound therapy (NPWT) is a revolutionary technology that has been widely proven to heal both acute and chronic wounds. Current application of NPWT in the West is cost prohibitive and in many cases, technologically inappropriate. In the developing world, NPWT is not available, largely due to high costs, electrical requirements, lack of portability, required training and long-term device maintenance. MIT has successfully piloted their low-cost, easy-to-use, sNPWT Wound-Pump device that overcomes all of these barriers for those earning $2-5 a day in the slums.”
    Website: www.wicaresolutions.com

  • Bee Healthy

    Bee Healthy is using bees to revolutionize disease detection.

    From:

    HEC Paris

    Start-up Concept:

    Bee Healthy is an innovative solution to disease detection for underprivileged people around the world. The Bee Healthy team will harness the power of bees´ olfactory system to detect diseases such as diabetes, cancer and tuberculosis on a person’s breath. This is a cheap, easy and on the spot solution to disease detection, which can otherwise be costly, time intense or complicated. Bee Healthy will finance its operations through both the sales of bee by-products and through partnerships with relevant companies.
    Website: http://beehealthystory.com/

  • Harambee

    Making basic eye-care accessible by empowering slum communities.

    From:

    ESADE Business School

    Start-up Concept:

    We provide urban slums with locally manufactured and affordable eyeglasses. Slum-dwellers are trained to manufacture frames or become micro-entrepreneurs, who conduct eye-screenings to their community members and provide tailored eyeglasses.
    Website: www.harambeeproject.com

  • NanoHealth

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

    From:

    Indian School of Business

    Start-up Concept:

    NanoHealth specialises in chronic disease management providing holistic services at most affordable price to slum-dwellers at their doorstep. NanoHealth team is convinced that intervention at any one point in the disease value chain is not enough to have a meaningful impact in the life of patients and their families. NanoHealth aims to solve the problem of under-diagnosis, poor treatment and compliance by creating a network of health workers (called “Saathi" meaning “a friend”) and equiping them with “Dox-in-Box”, a diagnostic tool which can take vitals and risk-profile the patients for diabetes and hypertension. Saathi with the Dox-in-Box also provides monitoring services after a doctor within the NanoHealth network confirms the disease in a patient. By adding Doctors & Pharmacies to its network, NanoHealth becomes a one-step shop for all services related to Chronic Disease Management.

  • Reach

    Glucose urinalysis strips for diabetes management.

    From:

    York University

    Start-up Concept:

    Diabetes is often referred to as a disease of affluence, but the majority of diabetics live in low- and middle-income countries, without access to affordable diabetes management tools. REACH distributes glucose urinalysis strips through local salespeople in developing areas. These strips are used as a screening tool to identify diabetics, and the same strips are sold in a subscription service to help diabetics monitor their glucose levels. Beyond providing affordable access to identification & management tools, REACH creates community support networks that foster lasting behavioural change. By eliminating the existing issues of affordability, accessibility, and adherence, REACH ensures that diabetes is not a death sentence for resource-limited individuals.
    Website: http://reach25.org
    Facebook: http://fb.com/reach25

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.