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BSSC Students emerge top 5%鈥痠n Hult Prize Competition

24 May 2022

MSc Digital Engineering Management students Fatima Hamdard, Adekunle Awodele and鈥疢ohammad Shoraka as a team called GELIM, were shortlisted to present their start-up idea at the 2022 Lisbon Hult Prize Summit.

Fatima Hamdard, Adekunle Awodele and鈥疢ohammad Shoraka

Their proposed idea was then selected as top 5% of all start-ups presented at the competition.听

The is a yearlong social entrepreneurship competition, where young people from different countries work to create high impact start-ups that address the annual Call to Action (CTA) in alignment with the United Nations Sustainable Development Goals. Finalists pitch their businesses to a panel of expert judges, and the winning team receives $1M USD in funding to make their idea a reality.听

The 2022 Hult Prize competition CTA addressed the SDG 8 - Decent Work & Economic Growth, with the theme 鈥楪etting the world back to work鈥.听

GELIM鈥檚 idea which centred on providing a digital platform for鈥痺omen to鈥痵ell鈥痶heir handmade products directly to鈥痗ustomers was鈥痵elected highly from over 50,000 applicants, coming from more than 100听countries.听

Fatima commented:鈥淚 really enjoyed the鈥痓rilliant ideas from talented university students around the world during the pitch day. My team and I put a business idea that can help women sell their handmade product via digital platform directly to a buyer. Although we were not selected to compete at global accelerator at Boston, USA, we had a wonderful experience at the regional competition at Lisbon. We have learnt a lot on how鈥痶o expand our entrepreneurial ideas via digital transformation and system thinking. Thanks to the programme that we studied this year at 果冻影院, we practiced that knowledge by developing a business model that can disrupt the old system and stand out.鈥濃

础诲别办耻苍濒别鈥痗辞尘尘别苍迟别诲:鈥淭he Hult Prize has been a challenging but rewarding鈥痚xperience! We were proud to present 果冻影院 at the Regional Summit and look to build GELIM in the coming months. It's been great to apply our recent learnings from Digital Engineering Management straight into building something with high social value.鈥濃

Mohammad commented:鈥鈥淎lthough it was the first time I participated in the Hult Prize, I gained many experiences. The most valuable one was that I could expand my network. There is nothing more satisfying for me than being in contact with new friends and reminding myself that all people from all countries and races are the same. We need each other to make our present and future happier. Furthermore, we had this opportunity to find the gaps and weaknesses of our start-up business case through the jury questions after the presentation. All in all,鈥痶here is nothing to lose; it is all is about experiencing, learning, and winning.鈥濃