CU Prepares for Hult Prize Involvement
Two Covenant University (CU) Eagles representing the Hult Prize, visited CU on Thursday, October, 22, 2015 to advise the University management on the course of action needed to prepare CU for its involvement in the global competition. As one of the two universities in Nigeria participating in the competition, the Hult Prize offers an excellent opportunity for CU students to showcase their innovative solutions and raise the profile of the University internationally.
Campus Director, Hult Prize, Mr Emmanuel Ogbebor, accompanied by Mentor and Facilitator, Hult Prize, Mr Emmanuel Agunze, shared the vision of the organisation stating that it seeks to tackle issues in which governments and non-governmental organisations (NGOs) have been unsuccessful. He informed the University management that the world slum problem is expected to double to a staggering 2.5 billion people living in slums within the next 15 years. This is the motivation behind the theme for this year’s competition; “Alleviating Poverty in Crowded Urban Spaces” – which is a pertinent issue affecting many areas of Nigeria.
The competition will involve CU producing 10 teams of 3 to 4 members; one of which may be an alumni. They will develop a solution in response to the theme and present it at an event hosted by CU where the 10 entries will also be judged. The finalist will represent the University at the regional competition to be held in a number of international locations including: London, Dubai, Boston, San Francisco and Shanghai.
The competition makes use of social entrepreneurship, an idea Mr Ogbebor defined as the ability to make money and change lives through entrepreneurship on a global scale, using social media platforms. “It requires a possibility mindset and involves reorientating the mindset of the social strata around you,” he remarked.
In addition, he expressed his support for the University’s vision to be one of the top ten universities in the world towards 2022, stating that involvement in the competition would play a significant role in contributing towards the vision.
The Vice-Chancellor, Professor Charles Ayo offered his support to the presenters, connecting them with the immediate past Registratar, Dr Olumuyiwa Oludayo who will oversee the planning aspects of CU’s involvement in the Hult Prize. He also commended the two presenters on their leadership abilities.
Also in attendance was the Registrar, Pastor Olamide Olusegun, Mr Stephen Oluwatobi of the Economics & Development Studies Department, and a member of the Directorate of Media & Corporate Affairs.