Interloop Limited sponsored Hult Prize Challenge 2020, a two-day virtual event held separately at Government College University Faisalabad (GCWUF) and University of Agriculture Faisalabad (UAF) in December 2020. The event took place in collaboration with the GCWUF Entrepreneurial Society and UAF. Students presented their business ideas, projects, modules and feasibilities for solving grave issues such as food security, water access, energy and education. At GCWUF, Team NUtriofritella won the project award by offering peach and dates flavored candies that provide vitamins and nutrients to the consumers. On the other hand, Team Guiltless Pleasure from UAF was the winner with the concept of providing customized meal plans to people with health issues. The teams will further compete at the regional level, and the winner will participate in the finals at the International level. Dr. Nosheen Syed, President GCWUF Entrepreneurship Society, and Dr. Zill-e-Huma Nazli, Registrar GCWUF presented awards to the winners of different categories, while Asad ur Rehman, Ex-Campus Director UAF announced the awards for the top 3 teams, virtually. GCWUF and UAF, along with all the participants acknowledged Interloop Limited’s efforts for supporting initiatives with an entrepreneurial scope, and building self-confidence in female students through such sponsorships.
The Hult Prize is the world’s biggest engine for the launch of for-good, for-profit startups emerging from universities. It has deployed more than $100 Million of capital and mobilized more than 2 Million young people to rethink future businesses on college and university campuses across 120 plus countries.