Ahmad Ashkar, the Founder and CEO of the Hult Prize Foundation, was a speaker at the Net Impact Conference this year. The Hult Prize is a year-long competition that challenges MBA and college students to solve pressing social issues in the world revolving around sustainability for a prize of $1,000,000. This Prize has been classified by TIME Magazine as one of the top five ideas changing the world.
A financial crash took Ahmad Ashkar away from a New York investing job and back to school at the Hult International Business School. He was inspired by Chuck Kane, the president of One Laptop Per Child, and strived to create an innovative competition between business schools that would create products for poor people. Bertil Hult and Bill Clinton loved the idea and partnered with Ashkar to support the cause.
The finalists are invited to Boston to participate in an incubator. This prize competition that began in 2009 has already done so much for the world. Past winners include: IMPCT, Nanohealth, and Aspire Foods. He was able to speak at the conference on Saturday, November 5, at the Pennsylvania Convention Center.