Carnegie Mellon, Hult International Business School and NYU Abu Dhabi were honored for their commitment to eradicating poverty at the Hult Global Case Challenge in New York City, hosted by Hult International Business and the Clinton Global Initiative. The three winning teams beat thousands of students from the world's best business schools for a US$1 million cash grant and were honored by President Bill Clinton.
Started three years ago by Hult graduate Ahmad Ashkar, the Hult Global Case Challenge is the largest and most respected initiative of its kind. Harnessing the power of crowd sourcing, the Hult Global Case Challenge attracted students from 350 colleges and universities to provide solutions to the real challenges facing three NGOs. These are Habitat for Humanity, which builds affordable housing; SolarAid, which brings renewable energy to impoverished communities; and One Laptop Per Child, which provides low-cost computers to children.