Organization · Grant Maker
Hult Prize Foundation
The Hult Prize Foundation is a global non-profit organization that empowers university students to create for-profit social enterprises addressing significant global challenges. It operates in over 130 countries and engages more than 200,000 participants annually.
Overview
What Hult Prize Foundation does
What Hult Prize Foundation is
The Hult Prize Foundation is a global non-profit organization that empowers university students to create for-profit social enterprises addressing significant global challenges. It operates in over 130 countries and engages more than 200,000 participants annually.
How it participates in the startup ecosystem
The current public profile supports grantor and community capabilities. Each capability below is shown separately so organization identity and role-specific information do not get conflated.
Operational profile
Organization status and context
Organization status describes the entity itself. Funding and program availability appear within the relevant capability profile.
- Operational status
- Active
- Organization type
- Grant Maker
- Founded
- Founded in 2010
- Approximate age
- About 16 years
- Structured capabilities
- Grantor · Community
- Last reviewed
- April 12, 2026
Official channels
Find Hult Prize Foundation elsewhere
Open the official website or a supported primary organization account.
Capability profile
Hult Prize Foundation as a grantor
Grant thesis
The Hult Prize Foundation empowers students to tackle global challenges through business innovation, fostering entrepreneurship and impactful solutions.
Focus narrative
The Hult Prize Foundation focuses on fostering entrepreneurship among students through an annual competition. Participants build, scale, and pitch innovative startups, with the winning team receiving $1 million in funding to advance their business. The competition engages over 200,000 participants annually from more than 130 countries.
Value and support
Beyond funding, the Hult Prize Foundation provides a platform for students to connect with like-minded entrepreneurs, gain valuable experience, and develop their business ideas in a competitive environment.
Grant economics
- Grant range
- $1,000,000
- Typical grant
- $1,000,000
- Grants per year
- 1
- Dilutive
- No
- Nonprofit only
- No
Availability
- Application state
- Accepting
- Application cycle
- annual
Eligibility and fit
- Stages
- Pre-seed · Seed
- Audience
- Students
- Sectors
- Healthcare
- Regions
- Global
Process and recipient context
Application process
Students participate in an annual competition where they build and pitch their startups. The process culminates in a pitch event where the winning team is awarded funding to further their business.
Recipient context
Notable winners of the Hult Prize include Stick 'Em, which provides access to STEAM education; Korion Health, focusing on global health solutions; Ecobana, addressing the affordability of period products for young women; Bean Around, a finalist developing sustainable solutions aligned with the UN SDGs; and Rutopía, promoting experiential learning for leaders.
Capability profile
Hult Prize Foundation as a community
Community overview
The Hult Prize Foundation is an organization that inspires students to address global challenges through business innovation. It was founded with the aim of empowering young entrepreneurs to create impactful solutions. The foundation is based in Cambridge, Massachusetts.
Community focus
The Hult Prize Foundation focuses on fostering entrepreneurship among students through an annual competition. Participants build, scale, and pitch innovative startups, with the winning team receiving $1 million in funding to advance their business. The competition engages over 200,000 participants annually from more than 130 countries.
Member value
Members gain access to a global network of young entrepreneurs, opportunities to pitch their business ideas, and the chance to win significant funding to support their ventures.
Membership
- Recorded members
- 200,000
- Pricing models
- free
Format and cadence
- Modality
- in-person
- Commitment
- light
Availability
- Membership state
- Accepting
Audience and fit
- Audience
- Students
- Benefits
- network-access and grant-funding
- Program types
- community
- Selection criteria
- open
- Regions
- Global
Community activity
- Annual events
- 1
Events and activity
The Hult Prize Foundation hosts an annual competition that serves as a platform for students to pitch their business ideas.
Notable members
Notable winners of the Hult Prize include Stick 'Em, Korion Health, Ecobana, Bean Around, and Rutopía.
Common questions
What to know about Hult Prize Foundation
Upseed classifies Hult Prize Foundation under the Grant Maker organization type. Its current public profile includes grantor and community capabilities.
Source and update disclosure
Know what this page is based on
Source basis
Public organization and program material, official websites, and structured Upseed records.
Last reviewed
April 12, 2026
Known limits
Capability profiles appear only when a structured public profile also contains decision-useful role evidence. Terms and availability can change.
Upseed is an independent guide. It is not affiliated with or endorsed by the organization described on this page.