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With more than 1.2 billion people, India is the world’s second most populous country and widely considered to be a leading innovation “hot spot”. India’s rapidly expanding technology and industrial sectors coupled with its entrepreneurial spirit and drive hold great promise for the future.
Zenia Tata speaks to the power of prizes and challenges ordinary people to do extraordinary things to solve the world's Grand Challenges
XPRIZE believes there is tremendous opportunity to use the incentivized competition model to focus India’s innovators on creating technological breakthroughs that address India’s Grand Challenges in the following areas:
Imagine providing an entire country with limitless access to renewable, reliable, affordable energy.
What if we could use technology to teach 1 billion people to read and write?
Food & Nutrition
What if we could eradicate hunger and disease?
Imagine a world where everyone can enjoy adequate, secure shelter.
What if all people in developing countries had access to clean water and basic sanitation?
Imagine a world where everyone has an equal voice in government as well as access to education, shelter, safety and healthcare no matter their gender, race, or economic status.
What if we could transform 3 billion tons of solid waste per year into products and resources that benefit communities, countries and the world?
Picture a future in which anyone and everyone has equal access to the Internet.
"Visioneering" is a creative and interactive process that XPRIZE utilizes to identify the Grand Challenges of our time – the global crises and market failures where solutions are thought to be either out of reach or just, plain impossible – and then design innovative, incentivized prize competitions to solve them.
On December 11, 2014, the XPRIZE India Visioneering event gathered corporate leaders, philanthropists, heads of innovation and XPRIZE Trustees for an exclusive half-day event that introduced XPRIZE and the power of prizes to India. After hearing from several topical experts, participants worked together in a unique series of brainstorming sessions to identify which of India's Grand Challenges can best be solved through incentivized prize competitions.