Building Prize-Ready Ventures: Inside the XPRIZE Model

​Most innovators are trained to jump straight to solutions. XPRIZE starts somewhere else: defining the right problem.

​For over 30 years, XPRIZE has designed incentive competitions that turn humanity's biggest challenges into bold, measurable goals and mobilize innovators around the world to solve them. This challenge-driven approach has helped create new industries and sped up breakthroughs in space, climate, health, education, AI and beyond.

​In this hands-on, 2-hour design workshop, you'll learn the XPRIZE method for framing grand challenges and explore what it takes to build something "prize-ready." Through guided exercises and peer discussion, you'll move past solution-first thinking, find root causes, write measurable challenge statements, and explore how your idea could create exponential impact.

​By the end, you'll have:

• ​Reframed your idea around the root problem it's trying to solve

• ​Drafted a measurable challenge statement using the XPRIZE method

• ​Identified one or two next steps to keep building on it

​No idea yet? No problem. We'll provide challenge areas to work from.