Thank you for all the advice you've given us in the community! We are now ready to share our proposed prize timeline with you for a final round of feedback.
Every XPRIZE starts with a pre-launch phase (3 months), during which the prize is announced and marketed, and a team recruitment phase (6 months), in which teams can form and register.
For Feeding the Next Billion, we plan to insert a one-month Technical Submissions Phase 1 qualifying round at the start, in which teams will submit their proposals and explain:
- The approach they are taking (cultivated, plant or blended);
- The type of product (chicken or fish species) they intend to produce;
- Environmental impact projections (energy) from lab to manufacturing scale; and
- Their high-level market strategy, including path to regulatory review
There will be two months for judging, after which teams that advance enter Phase 2. In this phase, which will last 15 months, Semi-Finalist teams must produce a cooked 57 grams (2 oz) structured chicken breast or fish fillet chunks that will be evaluated on size, minimum cooking ingredients, organoleptic properties, nutritional profile, and environmental footprint (energy).
There will again be two months for judging, in which we expect around ten teams to advance to Phase 3. Every Finalist team wins $200,000.
The Finalist teams will then have 18 months to produce 25 units of a raw version of a structured chicken breast or fish fillet analog, at a standard serving size of 114 g (4 oz). During the final round of judging, teams will be evaluated on size, organoleptic properties, nutritional profile, consistency, versatility and environmental footprint (energy).
The winning team wins the grand prize of $8 million.
In addition, there will be a $3 million bonus award for the team that develops their analog using an animal-origin free growth medium at the lowest production cost, with a maximum threshold of $10 per liter.