The Unorthodox Prize is introducing their second online challenge to identify philanthropic investment opportunities.
The guaranteed prize is $10,000 for the best idea, and there is the possibility of $100,000+ in implementation funding. Non-financial support will also be provided to help bring the most promising idea to life.
In 2010, they sponsored a challenge to find unique opportunities for philanthropic investment. GiveDirectly, a start-up organization providing unconditional cash transfers via mobile phone, was the clear winner. The Unorthodox Prize invested in their efforts and they have since achieved significant growth. This experience has inspired them to sponsor prize #2 in the hopes of finding another such initiative to nurture and invest.
The deadline is June 1, so don’t wait to submit your ideas!
