Team Liberators from Information Technology University (ITU) and Flicker Textiles from Kinnaird College for Women University (KCWU) were declared winners at the jointly hosted local editions of the Hult Prize on Saturday.
The winning teams will now proceed to the next round of competition at the regional for the annual United Nation’s Challenge. The winner at the global level gets USD 1 million to implement their socially conscious business ideas.
The ceremony took place at the ITU campus at Arfa Software Technology Park. PITB chairman Dr. Umar Saif; Hult Prize Foundation national director Imran Jattala; and KCWU assistant professor Zubda Zia were the chief guests.
Addressing the gathering, Dr. Umar Saif said, “Last year, it was a group of Pakistani American students who won the award. This year, Pakistani universities will be represented at the United Nations.”
Referring to the theme of this year’s challenge ‘Harnessing the Power of Energy to Transform the Lives of more than Millions’, Dr. Saif said, “We have seen the time when the load-shedding used to be about 12 hours in a day. It was totally crippling, it was impossible to get anything done in such circumstances.”
The panel of judges for the competition included Nouman Tauqir Khokhar, the chief operator officer at Multiplets; Dr. Shahid Zia, the director Akhuwat; Muhammad Waqas, the chief executive officer at OffRoad Agency; Zoha Ishaq, the chief executive officer at SHE; Daniyal Noorani, the chief executive officer at Wakhra Studios and Awesamosas; Zaeem Shahid, the founder at Maro Tandoor; and Huzaifa Ahmad, the chief executive officer of Rizq.
Zoha Ishaq of SHE said, “I was amazed by the project proposals pitched by students. I’m happy to see kids with enthusiasm who want to go beyond the academic level and take up social entrepreneurship. ventures.”