CBS in case competition aimed at solving poverty problems

Skrevet af Felix Kasperek - Foto: Esben Zøllner Olesen - 2. februar 2012 - 14:330 kommentarer
The winning team from Beat The Elite 2011 (from the left) MSc IMM-student Elin Larsson, MSc IB Max Jäger, MSc AEF Hanna Ögren and MSC IMM Svenja Troll.

A team of students from CBS join the youth movement towards finding solutions to global poverty this year. They do so by participating in the Hult Global Case Challenge, where the elite universities from all over the world will compete for USD 1 million in seed capital for their innovative solutions.

CBS to compete in The Hult Global Case Challenge
The Hult Global Case Challenge announced today that Copenhagen Business School has been accepted and will compete in the 3rd Annual Hult Global Case Challenge (Hult GCC) – an initiative that brings together top students from all over the globe to generate solutions to the world's most pressing social challenges. The Hult GCC, in partnership with the Clinton Global Initiative and its newly selected partners Habitat for Humanity, SolarAid and One Laptop per Child, will focus on developing catalytic solutions to the global poverty crisis.

The 2012 Hult Global Case Challenge will focus on breaking the cycle of global poverty through developing sustainable solutions that will provide affordable housing, affordable energy, and affordable education to the bottom of the pyramid. USD 1 million in seed capital is made available annually to provide funding to pilot the very best ideas.

- The Hult Global Case Challenge is thrilled that Copenhagen Business School has joined the initiative. This year’s competition has tripled in size, bringing together some of the most talented students to help solve world poverty which can benefit billions of people, sais Stephen Hodges, President of the Hult International Business School.

Beat the Elite case competition winners represent CBS
From CBS’ side there is also excitement. The CBS-team counts Hanna Ögren, Max Jäger, Svenja Troll and Elin Larsson, who won the Beat The Elite Case Competition (a side competition to CBS Case Competition 2011) last year.

- We are thrilled to participate in this challenge and honored to have been selected out of the great number of applicants. The case challenge will give us the opportunity to test our entrepreneurial and problem solving skills and, most importantly, give us the opportunity to make a true impact on the lives of others. This is what makes the competition so compellingly different and inspirational for our team, says team captain Hanna Ögren, who is studying for her MSc Business Administration, Applied Economics and Finance.

Regional competitions towards the finals in New York City
- We continue to be moved by the large number of students from around the globe who are capitalizing on the opportunity to develop business models that target the bottom of the pyramid. We wish every team the best of luck and thank the competitors from Copenhagen Business School for joining us in this youth movement, says Ahmad Ashkar, Founder and COO of the Hult GCC, and attributes the success of the competition to the global youth revolution.

Each team selected was chosen from more than 4,000 applications received. Most colleges and universities had multiple team applicants with one or two teams from each school being chosen.

The Hult GCC regional competitions will take place on February 24-25, 2012 on Hult International Business School’s five campuses in Boston, San Francisco, London, Dubai and Shanghai. Copenhagen Business School will compete in London.

All regional winners will be flown to New York City for the final competition, which will be held on April 26, 2012, concluding with an award ceremony at one of New York City’s most prestigious landmarks, the New York Public Library. Every finalist will receive the opportunity to meet and have photos taken with President Bill Clinton, who will serve as the keynote speaker and present the winning team with the award.
 

Info 

Hult Global Case Challenge
The Hult GCC is the world’s largest and most internationally acclaimed case competition featuring thousands of students competing from over 100 countries. USD 1 million in seed capital is made available annually to provide funding to pilot the very best ideas. Hult GCC’s mission is to develop innovative solutions to some of the world’s most pressing social challenges and encourage breakthrough ideas from college and university students around the world.

To learn more about the Hult Global Case Challenge, please visit:

Website: www.hultglobalcasechallenge.com  
Facebook Page: http://www.facebook.com/hultglobalcasechallenge  
Twitter Page: http://twitter.com/hultglobalcase 

About Copenhagen Business School
Copenhagen Business School (also refered to as CBS) is a independent educational institution.
CBS has 18,000 students and an annual intake of 1,500 exchange students. With this number of students as well as 600 full-time researchers and 600 administrative employees, CBS is one of the largest business schools in Europe.

About Hult International Business School
Hult is the world's most international business school with campuses in Boston, San Francisco, London, Dubai, and Shanghai. The School offers a range of business-focused programs including MBA, Executive MBA, Master and Undergraduate degrees. Hult’s one-year MBA program is ranked in the top 30 in the world by The Economist and among the top 100 by the Financial Times. www.hult.edu.