And the Winner is … capturing the promise of philanthropic prizes

Looks at the use of prizes to encourage innovation and engagement with social problems and asks when should they should be used and how can they be used effectively. The document aims to answer these questions by reviewing academic literature and providing interviews and surveys of prize sponsors and competitors, and case studies of established prizes. It concludes that prizes are a unique and powerful tool that could profitably be in the toolkit of many philanthropists.

 
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