LAUTECH Students Shortlisted For $1 million Startup Award |Ogbomoso Info

Gadafresh, a startup impact enterprise founded by three LAUTECH Students, has been shortlisted for the 2021 Hult Prize US1M Challenge regional final round.

The students are Jeremiah Adebayo, Awe Eniola, Obadofin Deborah. The team is now preparing for the next stage where they will travel to the Hult Impact Summit – Lusaka, Zambia.

During spring, they will pitch for a coveted spot in the Hult Prize Global Accelerator – a best in class program, regularly ranking as the world’s number one accelerator for social impact.

“It’s an amazing experience being selected for the next round and we truly believe our idea can and will change the world” said Gadafresh CEO Jeremiah Adebayo.

In partnership with the United Nations Office of Partnerships, the Hult Prize Foundation organizes the world’s largest startup program aimed at social impact and offers a grand startup prize of US$1,000,000 awarded by President Bill Clinton at the United Nations Headquarters on an annual basis.

“It is fascinating to see like-minded young entrepreneurs, representing 121 countries, coming together around the same mission. The Hult Impact Summits will celebrate youth-driven impact and showcase thousands of SDGs aligned businesses addressing the UN-issued Hult Prize Food for Good Challenge.” said Hamdi Ben El Elmi, Hult Prize Foundation Global Head of Programs.

This year’s 2021 Hult Prize Challenge asks entrepreneurs to rethink food and build the foundations of a venture that will create jobs, stimulate economies, reimagine supply chains and improve the overall outcome for 10,000,000 people by 2030.

Hult Prize Impact Summits have a history of being life changing experiences for attendees and bring together a community of people with an outlook of changing the world through business.

In 2019, a team of Mexican entrepreneurs from the Tec de Monterrey won the Hult Prize with a project/start up named Rutopía. The contest focused on global youth unemployment and attracted more than 250,000 participants from around the world.

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