Fund a Challenge Prize

Need a solution to a problem? We know a world of problem-solvers who want to help

Support the boldest and bravest ideas

The world is full of problems just waiting to be solved. But solutions can be elusive – slow to materialise and difficult to pin down. Today’s problems need solutions faster.

That’s where we come in. Challenge prizes are a tried and tested method of problem-solving with real impact.

Problem-driven and outcomes-based, challenges support the boldest and bravest ideas to become real, seeing solutions adopted and taken to market.

Where most innovation funding favours options like grants, Challenge Works incentivises and rewards solutions, while supporting the innovators behind them.

Our challenge prize model enables governments, organisations and philanthropic funders an effective way to reach diverse and innovative talent from across the globe.

We believe that systemic change is brought about through radical thinking and collaboration. So we operate where innovation and social impact meet.

Spanning government agencies, consultancies and industry bodies, as well as those seeking solutions to societal problems, like charities and social purpose organisations.

Read on to find out how we could help, or get in touch for more information.

Our Challenge Prizes

What have we done so far

  • 0

    The number of innovators who’ve competed for our challenge prizes over the past decade. Developing 170 ideas and product prototypes.

  • 0

    The number of bespoke methods we’ve developed to attract the best innovation talent to your challenge prize. Each one proven to succeed.

  • £0M

    The total value of challenge prizes we’ve consulted on.

    Of that, £84M are challenge prizes that we’ve run directly.

Who we work with

Governments

We work with governments around the world to design and deliver various challenge prizes.

For example

Our Afri-Plastics Challenge, which is part of the $100-million Marine Litter Mitigation Fund announced by Canadian Prime Minister Trudeau at the G7 summit in 2018.

Corporations

We partner with large corporations to help tackle real-world issues through challenge prizes.

For example

We worked with the UK’s leading banks on our Open Up Challenge, creating next-generation tools and services for the UK’s five million small businesses.

Philanthropic organisations

We collaborate with organisations who want to do good, helping support their philanthropic goals.

For example

Our Global Surgical Training Challenge ran in partnership with Intuitive Foundation, aiming to stimulate the creation of low-cost surgical training modules.

Let’s work together

Discover more of our incredible partner organisations from across the world

Our Partners

If you have a problem, we can help find a solution.

Get in touch

What do we offer?

A group in business and smart casual clothes sit talking around a table strewn with ideas filled post-it notes

We use bespoke methods, expert research and design capacity to really get to the root of a problem.

Our Challenge Works Method

Our team member talks in front of a white board covered in bright pot-it notes with ideas on them

We develop considered, customised and multi-stage challenge prizes to suit our partners’ objectives.

About Challenge Prizes

An analytics report is displayed on a tablet, in the background a mobile phone and coffee cup

We help to measure the impact of our partners’ work through evaluation data and powerful insights.

Challenge Prize Impact

Illustration: paper boats float off the end of the sea, except one which is carried away by a hot air balloon

We incentivise innovators with access to funding and networks, to support them in going to market.

Our Challenge Prize Legacy

Challenge prize ideas for the future

Pile of fish that has been caught for food

Aquaculture Revolution Prize

A £10m prize awarded to the team that can invent a digital service that trebles healthy fish production by smallholder farmers in India or Bangladesh. Due to be scaled to at least 50,000 fish farms within three years.

A bright airy warehouse style apartment, charts displayed on screen, person sat in wheelchair typing into phone

Smart Data for Consumers Prize

A £5m prize awarded to the individual or team able to develop digital products to reduce loyalty penalties. This will be done using smart data and used by vulnerable consumers.

Illustration: Satellite over earth, sunshines in the background creating a rainbow liens flair

Space Energy Prize

A £30m prize to be awarded to the first team who are able to demonstrate the safe, scalable and reliable transmission of energy between two orbiting satellites launched from a UK spaceport.

Facing away from camera a medical worker or biologist, wearing white coat and gloves, works at a medicine station filled with vials and equipment

Rare Disease Treatment Prize

A £25m prize to be awarded to teams or individuals who work to trial Phase 1 therapeutics in UK patients. Designed to cover conditions in Genomics England’s 20 Priority Therapeutic Areas.

Four young tourists out on a sunny day, two looking at a tablet or notebook two sat on the bridge looking up. They are surrounded by lush green vegetation

Green Travel Infrastructure Prize

A £10m prize for the first team to demonstrate a reliable solution that can charge and run an electric bus fleet of at least 50 vehicles across a city for a month.