Monday, October 27, 2014

$15 Million Global Learning XPRIZE

The Global Learning XPRIZE which duration-wise, is a very very long challenge (it will be awarded in 2019) launched on September 22, 2014 and it:
"challenges teams from around the world to develop open source and scalable software that will enable children in developing countries to teach themselves basic reading, writing and arithmetic, empowering them to take control of their own learning and ultimately their future. Our goal is an empowered generation that will positively impact their communities, countries and the world."

Similar to the Ansari X Prize,  there is a grand prize of $10 million to the winning team. Along the way, there will be a prize of $1 million each to 5 promising teams that are selected as finalists.

The X Prize was inspired by the Orteig Prize which was instituted in 1919. Image comes from Strive Masiyiwa's photo stream.