It's an engaging and fulfilling experience that can lead to the creation of groundbreaking technologies and innovative solutions. Moreover, it provides a unique opportunity to invest directly in emerging technologies and talented teams.
Benefits :
- Exceptional investment experience
- Potential to scale offered solutions
- Identifying progressive organizations
- Building new connections and opportunities
As many inspiring examples proves, this philanthropic investment can drive significant global change by fostering the development of innovative solutions to critical issues. It has the potential to catalyze groundbreaking technologies, support progressive organisations, and create a ripple effect of positive impact through new collaborations and opportunities.
Formulating the challenge goal and strategy is the most difficult part. What is it that we’re trying to achieve, how this challenge moves society forward in a progressive way. Management of challenges could also pose a challenge, as many teams require ongoing support and mentoring.
- Choosing the right cause and leverage point.
- Management and support
- Organisational design
We create clear, aspiring and engaging goals, organisational structures and a forward-thinking strategy, that turn a single challenge or prize into a long-term social-value source. In addition, we create investment first-hand opportunities for the investor to scale provided solutions and turn them into a profitable business.
The XPRIZE Pandemic Response Challenge: XPRIZE, launched a challenge to develop new, innovative technologies and approaches to address the COVID-19 pandemic, including the development of new treatments, diagnostics, and prevention strategies.
The Verizon 5G EdTech Challenge: Verizon launched a challenge to support the development of innovative educational technologies that leverage 5G networks to transform how students learn and access educational resources.
The LEGO Rebuild the World Challenge: LEGO launched a challenge to encourage children and adults to imagine and create a more sustainable and inclusive world through building and sharing their own innovative LEGO creations.