TAMPA — In the past, students from the University of Tampa have competed for the Hult Prize, the world's largest student competition for the creation of new social enterprises.
The foundation supports young university entrepreneurs with a focus on social business ideas.
Those University of Tampa students have even made it to the final round where the winning team, the one that develops the most radical and breakthrough idea, is awarded $1 million in seed capital.
They had the opportunity to pitch their idea to the judges including former President Bill Clinton.
On Dec. 9, the university will have a chance to host a local edition of the competition.
Khadijah Khan, who is not only the school's first female director, but also the first campus director pursuing a major other than business, will lead the local Hult Prize.
The winner of the event will advance to compete in one of five regional finals happening around the world in Boston, San Francisco, London, Dubai, and Shanghai in March.
One winning team from each host city will then move on to a summer business incubator, where participants will receive mentorship, advisory and strategic planning as they create prototypes and set-up to launch their new social business.
A final round of competition will be hosted in September of 2017 where the winning team takes home the $1 million prize.
The local Hult Prize will take place from 1 p.m. to 3 p.m. Dec. 9 on the eighth floor of the Innovation and Collaboration Building located at 820 W North A St.
Hult Prize at the University of Tampa is now recruiting volunteers and teams who are interested in the competition.
Tickets for non-participants are $25.
For more information visit, hultprizeat.com/tampa.