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What are the goals of the X PRIZE Foundation?

April 26, 2017foundation goals prize

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What are the goals of the X PRIZE Foundation?

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The goal of the X PRIZE Foundation is to bring about radical breakthroughs for the benefit of humanity. We do this through the creation of large ($10 million or more) incentive prize competitions that have clear, objective goals. The X PRIZE Foundation fosters innovative, high-profile competitions that motivate individuals, companies and organizations around the world to solve the grand challenges that are currently restricting humanity’s progress.