From 200K to 700! Our homegrown start-up is among the global competition’s semi-finalists!
PWC of Davao’s IME start-up for Fashion, Alfombra, has been officially accepted to join the Hult Prize Monterrey 2023 Summits co-hosted in partnership with Tecnológico de Monterrey from 23rd June to 24th June 2023.
The organizers were impressed by their application and believed that their startup has the potential to make a significant impact in addressing this year’s challenge. Alfombra presented a unique approach to redesigning fashion as well as an impactful idea to promote sustainability in the industry.

Hult Prize is the world’s largest student competition for social impact, with nearly 200,000 individuals participating in its programs this year alone. Only 700 startups were selected to participate in the Summits, which means that Alfombra has already demonstrated exceptional potential and promise.
Not only will this be a life-changing experience but it will also put Alfombra enroute to the 2023 Global Accelerator Phase I. Representing one of over 100 countries in this year’s program, the participation of Alfombra in the Hult Prize Summits will provide invaluable opportunities to connect with like-minded entrepreneurs, investors, and industry experts from around the world. This is a milestone moment for Alfombra’s startup journey to the final round and potentially win the grand prize of 1,000,000 USD of startup capital.

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