IBL students from Department of Legal Studies at the Hult Prize regional finals in London

March 30, 2015
This year the CEU team was chosen to participate in the Hult Prize regional finals in London between 13 and 14 March.
The CEU was represented by Sisay Habte Gemeda (LLM), Asress Gikay (SJD), Alexandra Horváthová (SJD) and Catalin Gabriel Stanescu (SJD) – all students from the Department of Legal Studies – the International Business Law program.

This year's challenge was to present a business plan on pre-school childhood education in slums which would reach 10 million children by 2020. The team from the CEU presented a business plan where a radio station would carry out this task and increase the level of education of children under 6 years in slums in Ethiopia, Tanzania, Uganda and Kenya. This experience was a great opportunity for a group of lawyers to not only tackle legal challenges of starting up a business in countries like Ethiopia or Uganda, but also to prepare a business plan and present it to possible investors in a very limited time – this all by the necessity of developing an innovative approach to such challenging problem as pre-school education. The Hult Prize is one of few great mechanisms supporting social entrepreneurship with which innovative ideas get platform and the winners the seed money – $ 1,000,000 to implement their business idea. 

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