Industry and development stage

Written by Aliya Zarei

Last published at: September 3rd, 2026

Does my idea have to be in any specific industry?

No, your startup idea can be in any industry of your choice

 
 

My startup has been in business for a while. Can I still compete? 

EF Hult Prize is open to receiving applications from teams presenting business concepts and ventures at any stage of development, including both early-stage ideas and fully operational startups. There are no restrictions based on industry, prior funding, or level of business maturity. Startups run by eligible Teams that have raised capital and/or secured grants before entering the competition are eligible to participate. Non-profit organizations are not allowed to enter the competition.