What is XPRIZE?

XPRIZE is a global future-positive movement of over 1M people and rising. By delivering truly radical breakthroughs for the benefit of humanity, XPRIZE solves some of the world’s greatest challenges.

We believe that solutions can come from anyone, anywhere. Scientists, engineers, academics, entrepreneurs and other innovators with new ideas from all over the world are invited to form teams and compete to win the prize. Rather than throw money at a problem, we incentivize finding solutions and challenge the world to do it.

The incentive prize contest has existed for centuries. From the inception of the Longitude prize in 1714, through the Orteig prize that compelled Charles Lindbergh to fly across the Atlantic, prizes have ignited passions and brought about breakthroughs that no one thought possible.

XPRIZE revolutionized the private space industry with the $10M Ansari XPRIZE. The winning technologies from that competition were acquired by companies like Virgin Galactic and SpaceX.

Since then, XPRIZE has launched an additional $200M in prize competitions to incentivize innovation in everything from artificial meat to literacy to ocean discovery.

Each of our prizes has created an industry-changing technology that brings us closer to a better, safer, and more sustainable world.

What is an XPRIZE competition?

An XPRIZE is a highly leveraged and incentivized prize competition that pushes the limits of what is possible to change the world for the better.

An XPRIZE aims to capture the world’s imagination and inspire others to reach for truly transformative goals, thereby spurring innovation and accelerating the pace of positive change.

What is the XPRIZE Community?

The XPRIZE Community consists of some 2,000 experts, innovators, futurists, and professionals from around the world, who crowdsource the design of our transformational prize competitions and together solve some of the world’s greatest challenges.

What is a prize design?

Prize designs are a process through which ideas are transformed into XPRIZE competitions.

Designing an XPRIZE competition is both a creative and an analytical process that identifies technological, behavioral, and policy factors to a particular problem, and creates rules and regulations to spur innovation through an incentivized prize model. This process relies on open collaboration from innovators, industry leaders, academia, government, non-governmental organizations, and the general public to ensure the best competition design possible.

What is Global Visioneering?

Global Visioneering is a new program to crowdsource the next XPRIZE competition.

Experts in four domains — climate change, energy, health, and space — will work with experienced XPRIZE competition designers to design 20 ideas for prizes, which will be reviewed and validated with an assembly of preeminent global leaders during a capstone event in October. Click here to learn more.

How can I help?

We rely on the subject-matter expertise, knowledge, and experience of XPRIZE Community members to:

  • Identify relevant resources
  • Make sense of the existing research
  • Discover and assess emerging and promising innovations
  • Validate our analysis

We call on you to share needed breakthroughs, assess how they solve identified challenges, and help us ensure they are audacious yet actionable to help XPRIZE chart a transformative path for humanity.

What’s in it for me?

We know your time is precious, and we appreciate your participation and input!

As part of your participation, you can be invited to join exclusive events with thought leaders and XPRIZE competition designers. Get a close-up view of how XPRIZE designs its transformational prize competitions and how we think about moonshot thinking. Network with top innovators, experts, and entrepreneurs from around the globe to advise on the design of our competitions and contribute to breakthroughs that will benefit humanity.