Innovative challenges are what the X PRIZE Foundation is all about. They are looking for individuals or corporations that can make radical breakthroughs that will benefit the human race. The X PRIZE Foundation awards prizes to innovators that help to solve some of the biggest problems and challenges the world has to face today.
The X PRIZE Foundation has become the model that joins entrepreneurs, public interest and cross-disciplinary innovations into solutions with far reaching benefits. The X PRIZE Foundation thinks that a small group of people with innovative skills are the future of the world. The X PRIZE Foundation gives away a ten million plus award to the first team to accomplish the goal they set forth. They use competition to incite innovation and follow through.