What's a challenge prize?
The idea is simple: someone sets a challenge, and asks people to respond. The best response gets a prize. Prizes can act as a powerful incentive for meeting some challenges. The structure of a challenge prize has a long and impressive history in technology and engineering. Now people are starting to test how challenge prizes can work to answer social questions.
Will I automatically get through to the next stage if I submit an expression of interest?
We have space to take 50 centres through to the workshop stage of the prize. We think that everyone who applies will get a place, but there is the possibility that we will get more than 60 applications. If this happens, then we will have a sifting process to find the 60 best ideas to take forward.
What do we get out of going to a workshop?
Our workshops will help you to build your idea into a fully grown bid. It will be an intensive workshop to help you think through the idea, test it, and make sure that it is right. By the end of the workshop, we hope that you will all have full ideas that are ready to enter the prize. Even if an idea doesn’t win, it should still be good enough to take to a funder.
Where are the workshops being held?
London, Birmingham & Leeds.
When do we get £2,000?
We are awarding £2,000 to the ten best responses to the challenge. We will award the prize in June 2018.
Do we have to do anything with the £2000 award?
No. The £2000 prize is just a prize, with no strings attached.
In the wording of the challenge, we used the figure £2000, because we think it gives a good idea of the start-up cost for an idea. If you had £2000, you could test an idea out, pay for a campaign, or buy equipment to start a social enterprise.