Ten teams from 5 Nigerian universities have reached the semi-final stage of the Hult prize competition.

The competition, which is organized in partnership with the Clinton Global Initiative and the Hult International Business School, started in 2016.

Themed ‘Reawakening Human Potential: The Refugee Opportunity’, Hult prize aims to build sustainable, scalable social enterprises that restore the rights and dignity of 10 million refugees by 2022.

The semi-finalists were announced Wednesday and the institutions that emerged from Nigeria are University of Ibadan, University of Ilorin, Lagos State University, Covenant University and Federal University of Technology, Akure.

The teams will represent the country in Boston, London, Dubai and Shanghai where the winners of the regional finals will be picked.

The LASU team led by Ayeyemi and the UI team led by Abdulmojeed Amolegbe will be competing in the Boston region against 68 teams from other universities.

The CU team led by Deborah Elabor and the second UI team led by Iyanu Ajao will compete in Shanghai against 42 teams.

The FUTA team led by Williams Bright Asima and the UNILORIN team led by Amarachi Thaddyoparaocha will compete in Dubai against 60 teams.

The second: CU team led by Olalekan Olowo, LASU team led by Rasaq Abiola, UNILORIN team led by Daniel Odekunle will compete in the London region against 66 teams as well as the third CU team led by Timothy Mutfwang.

Winners at this stage will compete at the finals in New York in September, where a grand prize of $1 million dollars will be given to the winning team.

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