Hult Prize Foundation was established in 2009. The foundation holds a contest every year in order to solve crucial environmental issues. The groups that join the contest have to come up with a project that finds a solution to that year's topic. The winning group receives 1.000.000 USD in order to carry out their project.
The Hult Prize contest of this year was named Redesigning Fashion. The contestants had to plan projects that would make the fashion industry more sustainable. This included the goals like acquirement of textiles, making transportation more eco-friendly, possibly recycling and upcycling used garments, allowing the employment of minorities in the fashion industry, etc. To do this, the contestants had to adjust their projects according to United Nations Sustainable Development Goals.
The winner of the 2023 Hult Prize was the group Ecobana from St. Paul's University in Limuru, Kenya. The group created a project based on using banana fibers to produce biodegradable sanitary pads and towels. Their goal was to stop the usage of plastic in these products.
Keeping up with the Hult Prize Foundation's contest is a must for anyone who is a fan of sustainability. You can learn more than you can expect by watching the presentations of the projects. They will amaze you in ways you don't expect. I am, personally, pretty excited to see next year's topic and contest entries.
All the information and photos were taken from the website and LinkedIn account of the Hult Prize Foundation: