May 3 at 11:30 am PDT | Power of Prizes for Global Innovation
High-profile prize competitions have become a major mechanism for accelerating innovation and driving forward change and even new markets. Prizes can take many forms and are effective for ventures ranging from space exploration to medical cures to humanitarian efforts. Choosing the right mechanism, operating the competition, and elevating winners takes an immense amount of strategic planning and collaboration. Hear from funders and operators on what it takes to run a successful prize competition, the challenges, and the returns.
Senior Director, Center for Strategic Philanthropy, Milken Institute