Covenant University Management meets Hult Prize Competition Representatives
Covenant University’s representatives at the Regional Finals of the 2016 Hult Prize Competition, Team Armstrong, were formally presented to the University management on Thursday, January 21, 2016.
Making the presentation, the Campus Director, Hult Prize at Covenant University, Mr. Emmanuel Ogbebor, explained that the purpose of the meeting was to officially present the Team to the University management and discuss the plans put in place for their participation at one of the Regional Finals in San Francisco, USA.
At the Regional Finals in San Francisco, Covenant University team would be competing with other 64 world-class universities in the likes of Harvard University, Massachusetts Institutes of Technology (MIT), Stanford University, Yale University, University of Toronto, University of Cambridge, University of California, Los Angeles (UCLA) and Hult International Business School, San Francisco, among others.
The Vice-Chancellor, Professor Charles Ayo, congratulated the team and noted that the level of preparedness was important to their success at the competition. He requested the immediate past Registrar, Dr. Oludayo Olumuyiwa, to work closely with the Team and consider the past experience to aid their preparation. “There is need for intensive coaching,” he added.
It would be remembered that Team Armstrong emerged the winner of the Hult Prize at Covenant University. The Team beat 17 other competitors to emerge top at the keenly contested global competition.
The Hult Prize is an initiative of Hult International Business School in partnership with the former American President, Bill Clinton and Clinton Global Initiative (CGI).
Team Armstrong presented a fish farming idea and scored 19.67 to emerge first while Team Reform and Team Phinix scored 18.3 apiece to emerge second and third position respectively.
Regional champions will emerge from each of the five regions to move to the Hult Prize Global Final in September 2016, to be hosted by the former President Bill Clinton. The regional champions will pitch their start-ups before a world-class audience and notable global leaders, who will select and award the winning team the Hult Prize, along with USD 1 million (One Million US Dollars) in start-up capital.