How 3 Rickshaws Won A Million Dollar Prize
The members of the winning team, who met at Rutgers University, piloted a transportation service aimed at the refugees in the world's largest slum.
On a stage at the United Nations headquarters in New York City, the young executives of six start-up companies made their final, feverish bids to win the coveted Hult Prize. Each had formed and launched business ideas over the last year that would try to solve this year's Hult Prize challenge – improving the well-being of at least one million refugees over the next five years.
The six finalists rose to the stage from a pool of 50,000 applicants. The judges are an illustrious bunch, including , and . They decided who wins a big blue megaphone-shaped trophy — and a million dollars in startup capital. The money comes from the Hult family, whose patriarch, Bertil Hult, founded EF Education First. was formerly
