Preparation for the Hult Prize involves several steps:
Research: Understand the annual theme and identify the key issues related to it. Team Formation: Gather a diverse team with complementary skills in areas like finance, marketing, and technology. Business Plan: Develop a comprehensive business plan that outlines the problem, solution, and revenue model. Mentorship: Seek guidance from mentors and industry experts to refine your idea. Practice Pitching: Practice your pitch multiple times to ensure clarity and impact.