The Venture Codex Logo

The Venture Codex

Hult Prize

1 Education Street, Cambridge, MA, 02141, United States

Overview

The Hult Prize is a start-up accelerator for budding young social entrepreneurs emerging from the world’s universities. Named as one of the top five ideas changing the world by President Bill Clinton and TIME Magazine, the annual competition for the Hult Prize aims to identify and launch the most compelling social business ideas—start-up enterprises that tackle grave issues faced by billions of people. Winners receive USD 1 million in seed capital, as well as mentorship and advice from the international business community. The Hult Prize is offered in partnership with Former US President Bill Clinton and the Clinton Global Initiative. It is hosted and supported by Hult International Business School. And it is generously funded by Swedish entrepreneur Bertil Hult and his family. Open to universities, colleges and students on every continent, the Hult Prize has grown to become the world’s largest student movement for social good. It is also the world’s largest crowd-sourcing platform. Participating annually are thousands of students from 130 countries, representing over 350 institutions of higher education. Competing schools included Stanford, Harvard, INSEAD, Hult International Business School, NYU, Columbia, American University Beirut, LBS, Hitotsubashi, St. Petersburg, and Tel-Aviv University. Nearly all of the Financial Times’ Top 100 MBA programs participate.

Total investments
1
Lead investments
1
Investments · 12mo
1
Active investors
8

Sector focus

  • Finance
  • Incubators
  • Non Profit
  • Social Entrepreneurship
  • Venture Capital
Visit website

Investment portfolio

  • Stick ‘Em

    Led · Seed · Sep 2025

    Stick ‘Em produces a self-guided STEAM kit aimed at children aged 9–16, combining chopsticks, 3D‑printed parts and small electronics alongside a subscription-based online learning platform for teachers. The core kit is priced at S$100 with a S$35 sensor expansion add-on. Its product is designed to make electronics, robotics and physics education affordable and accessible where STEAM programmes are costly or complex to run. According to the company website, over 12,000 students and more than 1,200 teachers across 11 countries have used the kits. Founded in 2021 and based in Singapore, Stick ‘Em says it will use recent prize funds to advance its mission of scaling affordable STEAM education globally. The team and company have also received recognition such as inclusion in Forbes’ 30 Under 30 Asia 2025.

Team

  • Ahmad Ashkar

    Founder and CEO

    LinkedIn
  • Hitendra Patel

    Co-Founder

    LinkedIn
  • Shakhawat Ullah Badhon

    Campus Director, Daffodil International University

    LinkedIn
  • Piers Linney

    Co-Founder

    LinkedIn