Making The Impossible Possible: The X PRIZE Foundation

Making The Impossible Possible: The X PRIZE Foundation

Feb 20

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The X PRIZE Foundation is an educational nonprofit organization whose mission is to create radical breakthroughs for the benefit of humanity thereby inspiring the formation of new industries, jobs and the revitalization of markets that are currently stuck. Today, it is widely recognized as the leader in fostering innovation through competition.

The X PRIZE Foundation believes that incentivized competitions can address the world’s grand challenges. Our prize model leverages philanthropy, making it more efficient, and stimulates research and development investments worth far more than the prize purse itself. Because of this, the Foundation has developed into a world-class organization focused on designing, building and operating high profile competitions to address and solve humanity’s grand challenges. The X PRIZE Foundation is a US-based (501c3) nonprofit organization led by CEO and Founder Dr. Peter H. Diamandis and President Robert K. Weiss, and is governed by a group of visionary leaders including our Board of Trustees and Vision Circle, as well as our corporate partners and sponsors.

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RELATED LINKS:

The X PRIZE Foundation
Wikipedia on The X PRIZE Foundation

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