About challenge prizes
A challenge prize is a competition that offers a reward to whoever can solve a problem first or most effectively.
What We Do
Our challenge prizes inspire innovative solutions
The makings of a challenge prize
At Challenge Works, we design and create challenge prizes to help solve the world’s biggest problems, from health, to finance, to climate change – and more.
For more than a decade we have successfully set 93 challenges and disseminated a total prize pot of over £258.7 million, working with innovators finding radical solutions across the world.
Who knows what we can achieve together in the next ten years?
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Our method
Our challenge prizes unlock systemic changes to make the world a better place. It doesn’t happen by accident. -
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Our impact
We take every step of every challenge prize into account and we do it all with our eyes firmly on the end goal and impact. -
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Our Priorities
We think innovation has a critical role to play in solving problems and unlocking progress in a number of areas. These are our Priorities.
