There are many types of competitions and awards around the world, but an X PRIZE is in a class by itself. X PRIZEs are global contests which frame a single target in front of a large monetary reward and behind a stringent set of rules. When the objective is met by the winning team, the accomplishment represents a major breakthrough with the potential to directly benefit us all.

An X PRIZE defines a problem and then sets a challenge to find the solution, thus shifting the paradigm of innovation. It captures the public imagination and accelerates the pace of change. X PRIZEs are the ultimate contests — fusing audacity with the highest levels of credibility.

What sets us apart from other non-profit organizations is our ability to frame a challenge and incentivize a solution in a way that our efforts and funds are multiplied exponentially by the teams who strive to compete and win the prize.

X PRIZEs:

• Attract Alternate Funding Sources
• Focus the Media Spotlight
• Bypass Bureaucracy
• Cross Disciplinary & National Boundaries

And, most importantly, X PRIZEs are a means to change the world for the better.

Please join us in spreading the phenomenon.