The Business of Breakthroughs

The Business of Breakthroughs

For30years,XPRIZEhasdesignedcompetitionsthatsolveproblemstooriskyorcomplexfortraditionalmarkets.Themodelissimple:shifttherisktocompetitors,rewardonlyprovenoutcomes.
For30years,XPRIZEhasdesignedcompetitionsthatsolveproblemstooriskyorcomplexfortraditionalmarkets.Themodelissimple:shifttherisktocompetitors,rewardonlyprovenoutcomes.
Theresultsspeakforthemselves.Forevery$1investedinanXPRIZE,$60insocialandeconomicimpactfollows.Over$519millioninprizeslaunched.Over$31billionintotalimpactgenerated.20,000jobscreated.1,200+teamscompetingacrossdomainsfromprivatespacetraveltocarbonremoval.
Theresultsspeakforthemselves.Forevery$1investedinanXPRIZE,$60insocialandeconomicimpactfollows.Over$519millioninprizeslaunched.Over$31billionintotalimpactgenerated.20,000jobscreated.1,200+teamscompetingacrossdomainsfromprivatespacetraveltocarbonremoval.
XPRIZEdoesn'tjustfundideas—theybuildthetestinggroundsforentireindustries.TheAnsariXPRIZElaunchedthe$596billioncommercialspaceindustry.TheCarbonXPRIZEcatalyzedasectorthatattracted$8billionininvestmentinasingleyear.TeamsinXPRIZEcompetitionshaveraised$7.6billioninfollow-oncapital—a44xreturnonprizepurses.
XPRIZEdoesn'tjustfundideas—theybuildthetestinggroundsforentireindustries.TheAnsariXPRIZElaunchedthe$596billioncommercialspaceindustry.TheCarbonXPRIZEcatalyzedasectorthatattracted$8billionininvestmentinasingleyear.TeamsinXPRIZEcompetitionshaveraised$7.6billioninfollow-oncapital—a44xreturnonprizepurses.

3 Decades

Competition Infrastructure

3 Decades

Competition Infrastructure

501(c)(3)

Tax Structure for Donors

501(c)(3)

Tax Structure for Donors

10,000+

Innovators

10,000+

Innovators

"AtXPRIZE,webelievethatthefutureissomethingwecanactivelydesign—throughboldideas,creativerisk-taking,andambitiousstorytelling.Filmhasthepowertomakecomplexchallengesfeelhumanandtotransformdistantpossibilitiesintovisionspeoplecanbelievein."
"AtXPRIZE,webelievethatthefutureissomethingwecanactivelydesign—throughboldideas,creativerisk-taking,andambitiousstorytelling.Filmhasthepowertomakecomplexchallengesfeelhumanandtotransformdistantpossibilitiesintovisionspeoplecanbelievein."

Peter Diamandis

Director, XPRIZE

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