Kathmandu, December 16, 2016: Team Aegis won the Hult Prize competition at Tribhuvan University held on Thursday at the Yala Maya Kendra in Patandhoka. It was the quarterfinal round of the annual $1000,000 Hult Prize Challenge and was open for students of Tribhuvan University.
Similarly, Team Subharambh was announced the first runner-up and Team EduRefugee secured the Second runner-up in the competition.
Out of the 40 different groups that had applied for the competition, a total of 10 groups; Team Aegis, Team Connected, Tea, EduRefugee, Team Erudite, Team Evo, Team IRUSH, Team Patron, Team Revive, Team Shubharamba and Team TRANSporter had made it to the finals.
In the final round of the competition, each of the ten teams pitched their ideas. The ideas were based on the 2017 Hult Challenge- Refugees-Reawakening Human Potential. All the teams presented their ideas on building a sustainable, scalable startup enterprise that will restore the rights and dignity of 10 million refugees by 2022.
The competition was judged by a four-member jury panel comprising of Sohan Babu Khatri, Three H Management, Jyoti Tandukar, Alternative Technology, Luma Singh Bishwokarma, UNHCR and Catherine Green, World Vision International.
As the winner of the quarterfinal round, Team Aegis will be representing Tribhuvan University to participate in the Hult Prize Regional Final, which will be held on March 3-4 in one of these places: London, Boston, San Francisco, Shanghai or Dubai.