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What is a Philoptima Problem and Prize?

April 26, 2017Philoptima prize problem

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What is a Philoptima Problem and Prize?

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A Prize is a cash fund held in trust by Philoptima which was deposited by a grant maker, donor, individual, or corporation to compensate successful researchers for submitting winning solutions to problems described by the funder. Prizes come in two types: Design Prizes and Implementation Prizes. Design Prizes are on deposit to incentivize researchers to submit inventive solutions to problems. Implementation Prizes are on deposit to incentivize nonprofits to submit implementation plans for previously accepted Design Prizes.