Hult Prize KCM hosted its highly awaited On-Campus Finals at Kathmandu College of Management on February 28. The theme for this year, "UNLIMITED," served as a catalyst for participants to channel their creativity in tackling pressing global issues through revolutionary business concepts.
Claiming the second runner-up position were the members of "Team Sasu" - Somikumar Jung Panday, Urav Krishna Shrestha, and Ayus Shrestha. Their inventive proposal involved repurposing waste soap discarded by hotels. By sanitizing and reselling the used soap, the team effectively combats Eutrophication and minimizes plastic waste from conventional packaging methods.
Taking the first runner-up spot was "Team Eco Sonic" - Vinayak Varal, Bivaw Gurung, and Kriti Chaudary. They introduced an eco-friendly alternative to traditional stoves notorious for emitting substantial amounts of smoke gases. The innovation significantly reduces smoke emissions, promoting both individual health and contributing to broader environmental preservation goals.
However, the coveted title of Hult Prize KCM 2024 On-Campus winners was secured by "Team Hello World" - Utsabi Shrestha, Sumedha Rijal, Prerika Oli, Romy Shrestha, and Yeshaswi Shrestha. Their groundbreaking idea centered around providing an eco-friendly substitute for traditional styrofoam, utilizing mushroom mycelium with the vision of safeguarding human health and environmental preservation.
These winning teams not only showcased their creativity but also demonstrated a profound understanding of the immediate necessity for sustainable solutions in today's world. The Hult Prize KCM On-Campus Finals emerged as a platform where the spirit of innovation and commitment to a better, more sustainable future converged.
Nyima Choezom Sherpa, the On-Campus director, along with the entire Hult Prize KCM committee, extended their appreciation for the commendable efforts put forth by all the participants in the competition.
The esteemed panel of judges featured Mr. Sandeep Shrestha, founder of Sustainability Solutions and a consultant at the World Bank; Sunaina Ghimire Pandey, Managing Director of General Technology Pvt. Ltd., a leading Fintech company, and Chairperson at Space Tech Office Automation Pvt. Ltd.; Mr. Bibhusan Bista, CEO, and co-founder of YoungInnovations, a software development firm in Nepal. Finally, the co-founder and Managing Director of Felt and Yam Pvt. Limited, the honorable chief guest Ms. Sunita Sherpa, added prestige to the event.
