2020 Hult Prize Southeast Asia Regional kicks off hinh anh 1(Photo: VNA)
HCM City (VNA) - The 2020 Hult Prize Southeast Asia Regional was launched during a press conference in Ho Chi Minh City on October 29.

Themed “Food for Good”, the competition this year calls on young people from 100 countries and territories across the globe, including former contestants, to mull over start-up models that are able to revitalise the potential and strengths of food, dubbed the most primary and necessary of resources.

Regional Director of the Hult Prize Southeast Asia Ho Quang Hung said that under this year’s theme, competing teams are required to set up food businesses that generate employment, bolster the economy, and re-establish food supply chains, as well as change public mindsets around food in the upcoming decade.

Preliminaries in Southeast Asia are being held from October and scheduled to wrap up at the end of this year. The competition has been underway at more than 20 universities in Vietnam.

The final round is due to take place next April in HCM City, where three teams from the region will be selected to join a one-month international training programme in London, starting in July.

Based on the results of the training, six squads will qualify for the global finals, held at the UN headquarters in New York on September 15, 2021.

The winning team will go home with a prize of 1 million USD presented by former US President Bill Clinton.

The Hult Prize is the biggest and most prestigious start-up event in the world, and awards millions of USD in investment to budding young entrepreneurs.

First held in 2009, it is run in partnership with the UN and with the support of President Clinton and the Hult International Business School.

The competition began in Vietnam in 2013 and became the Hult Prize Southeast Asia Regional five years later./.