Saturday, June 18, 2011

Buying new ideas

The Problem: Innovation

Who: X Prize Foundation

Why are they special? They give large awards for the first people to achieve various goals they set.

Example: " A total of $30 million in prizes are available to the first privately funded teams to safely land a robot on the surface of the Moon and have that robot travel 500 meters over the lunar surface and send images and data back to the Earth."

One of the challenges they might set is to diversify their board--29 people, 3 of whom are women.

Where: Playa Vista, California

Started: 1995

What the top person makes: $312,962 (2009)

General site: Home

Charity Navigator report.

Link to help: Support

Deductible? Doesn't state


Image courtesy of Idea go

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