7th June 2023, Kathmandu
The Hult Prize at Softwarica, a prestigious international competition promoting social entrepreneurship, recently concluded its On-Campus round at Softwarica College of IT and E-Commerce.
With the use of innovative social entrepreneurship ideas, the event brought together a diverse group of students, entrepreneurs, and mentors to address pressing global challenges.
In this event, the winning team receives $1 million in seed funding to launch their social enterprise and create a sustainable impact.
Under the exceptional leadership of Campus Director Swopnil Bista, Softwarica College hosted an inspiring series of events for the Hult Prize 2022-23. Over 30 teams participated, engaging with over 10+ Nepali entrepreneurs who provided invaluable mentoring and advice.
After a rigorous evaluation process, five teams advanced to the finals, competing for the coveted title of On-Campus Winner.
The Regional Summit, held across twelve different venues worldwide, including Melbourne, provides an international platform for winning teams to pitch their ideas.
“The Dhaka Palette,” consisting of talented members Basanta Adhikari, Anisha Malla, Garima Shrestha, and Saharsh KC, pitched their revolutionary “Redesigning Fashion” concept in Melbourne. Their vision includes integrating traditional Dhaka Fabric into everyday wear using AI technology for the latest design patterns.
Their idea further extends to provide the target market with upcycling and recycling services. Their initiative was born out of a deep reverence for tradition, empowerment, and sustainability.
The Hult Prize at Softwarica College showcases the institution’s dedication to nurturing social entrepreneurship and fostering sustainable solutions to global challenges.
The competition plays a vital role in empowering the next generation of change-makers by providing a platform for young social entrepreneurs.
The entire trip is sponsored for the students by the college.