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Redding XPRIZE

Image courtesy of www.XPrize.org

Image courtesy of www.XPrize.org

The idea of XPRIZE is an incentivized prize competition where an award is given to the first team to achieve a specific goal.

XPRIZE as an organization was formed in 1995 and as described by The Huffington Post, “XPRIZE is the leading organization solving the world’s grand challenges by creating and managing large-scale, high-profile, incentivized prize competitions that stimulate investment in research and development worth far more than the prize itself.”

The XPRIZE organization “motivates and inspires brilliant innovators from all disciplines to leverage their intellectual and financial capital for the benefit of humanity.” XPRIZE currently conducts competitions in five Prize Groups: Education; Exploration; Energy & Environment; Global Development; and Life Sciences.”

Active prizes range in size and scope from the $30 million Google Lunar XPRIZE for landing a robot on the moon by December 2015 to the $2.25 million Nokia Sensing XCHALLENGE for sensors and devices that recognize and measure your personal health information, provide insights and recommendations relevant to you and communicate that information to your physician.

Find inspiring stories on the XPrize Facebook page and follow them on Twitter at @xprize.

What if there were a Redding XPrize? What innovation and radical breakthrough do you think would most benefit of the community of Redding, CA? Is this more difficult that rocket science? With enough ingenuity, can we make the impossible, POSSIBLE?

Great ideas can come from anyone and anywhere. How about you?

PS Thanks to Rachel Hatch for this idea!