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A team of three students of Moshood Abiola Polytechnic Abeokuta, Team Achievers have emerged the winner of the first Hult Prize On campus Event in MAPOLY along with runner-ups, Team D.O.J and Team Topzy Grills.
Among a total of 12 registered teams, 5 teams participated in pitch deck submissions were eventually shortlisted to pitch their business ideas aimed at solving food challenges in the World to a panel of four Rock Star judges, Musa Olatunji, Lead Consultant BeMore Global Consulting, Udoh Gift, founder Norina Farms, John Aggrey, CEO Hired Consult and Damilola Balogun, Co-founder and Executive officer of Youth Sustainability Development Network.
The competition was exciting with students pitching all sort of ideas. Team Achievers, a team of three ND1 Mass Communication students, Adaradenu Mistura, Blessing Idowu and Amongbonjaye Rosemary emerged the overall winner of the competition, closely followed by the runner-ups Team D.O.J and Team Topzy Grills. The first ever On Campus competition in the institution was held virtually on January 29th via Zoom.
Team Achievers with their startup, Maize Crop support – aims to proffer solutions to problem of malnutrition among children as well as low breast milk booster for lactating mothers which i they say is a disadvantage to the children as well as lack of employment for youths.
Team D.O.J with their startup – aims to be the largest producer and distributor of vegetable and mushroom in Africa by incorporating new innovative technology to ease quick distribution and proper storage, therefore, bridging the gap in the value chain from the point of production till it gets to the final consumer.
Team Topzy Grills with their startup on creating a business that based on preparing fresh, native and grilled foods to secure good health and also generate employment opportunities for youths.
The winning teams will go on to represent Moshood Abiola Polytechnic Abeokuta at the regional finals(semi-finals) of the competition to get into the Hult Prize Accelerator and to get a chance to win the grand prize of $1,000,000
The Hult Prize is a start-up accelerator for social entrepreneurship, which brings together the brightest college, university and tertiary institutions students from around the globe to solve the world’s most pressing issues in partnership with the United Nations.
The annual initiative is the world’s largest student competition and crowd-sourcing platform with a grand prize of $1,000,000 awarded to the winning team at the United Nations by President Bill Clinton. Teams compete through different stages by pitching their business ideas solving the United Nation’s challenge for each year- the challenge for this year is “Food For Good: Transforming food into a vehicle for change”.
In his keynote address, Damilola Mogaji, the Country Lead for Hult Prize Nigeria, charged the team to see their idea as a solution while urging those who didn’t win not to get discouraged.
“There is no bad idea, remember that your idea is a solution” he said
The Campus Director, Fasilat Oluwuyi expressed her happiness towards the completion of the first ever Hult Prize On Campus event in the institution.
She congratulated the first Hult Prize winners in the institution for their hard work wishing them greater success at the regional Competition.
“It’s gives me great joy to finally see us having a successful Hult Prize On Campus Event in Moshood Abiola Polytechnic Abeokuta a virtual one at that despite the challenges I as a pioneering Campus Director and my organizing committee members encountered but all thanks to God for making the event a reality.
“In leading a generation to change the world, I am delighted to see students of the institution embracing the global hult Prize social entrepreneurship competition coming up with their startup ideas towards proffering solutions to the Hult Prize Challenge of food as hunger and malnutrition ravages in the World despite the fact that the competition is in MAPOLY for the first time.
“Kudos to all the competing teams who participated in the competition. For those who didn’t win don’t get disappointed as everyone who pitched today is a winner.
“I’ll like to congratulate our first Hult Prize winners Team Achievers for their hard work and also the first runner up team D.O.J and the second runner up team Topzy Grills for their efforts.
“I wish the Achievers greater success at the regionals where they will be competing with other winning teams in Nigeria campuses in March.
“Though there’s still a need for them and all our competing teams to brush up their presentations I am confident that they will excel and make MAPOLY proud at the regionals and beyond where they will move to compete for the $1m USD prize.
“I appreciate my organizing committee members for all their efforts towards making this event a success. To all our judges, trainers, advisers, mentors and partners I sincerely appreciate their support and guidance.
“Also, I’ll like to call for support from individuals, business owners, Alumni’s, philanthropist to support the winning teams idea in our institution with prizes so as to encourage them to work harder as this will also move other students to participate fully in the subsequent Hult Prize MAPOLY On Campus competition.
“While we have set the pace for the Hult Prize in MAPOLY it is my prayer that the next On Campus event in the institution will be a greater one.”