The Hult Prize is an annual competition for ideas solving pressing social issues, such as food security, water access, energy, and education. Named for Bertil Hult, the prize is awarded to college students, and has been referred to as the "Nobel Prize for students".
Former U.S. president Bill Clinton selects the challenge topic and announces the winner each September, with the selected idea receiving US$1 million in seed capital to be launched into a social enterprise.