The Power of Innovation

68
Terry Cecil

Transcript of The Power of Innovation

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Terry Cecil

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p. 2 PRESENTATION NAME | DATE

OUR PRIZE IS SPONSORED IN PART BY THE RODDENBERRY FOUNDATION

TURNING SCIENCE

FICTION INTO SCIENCE REALITY

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XPRIZE…  

•  An innovation engine and driver of exponential change

•  Catalyst for the benefit of humanity

•  Provide the vision and thought leadership to identify the Grand Challenges – the global crises and market failures where solutions are thought to be either out of reach or just, plain impossible

•  Then design and operate incentivized prize competitions to solve them.

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XPRIZE...  •  An innovation engine and driver of exponential change

•  Catalyst for the benefit of humanity

•  Provide the vision and thought leadership to identify the Grand Challenges – the global crises and market failures where solutions are thought to be either out of reach or just, plain impossible

•  Then design and operate incentivized prize competitions to solve them.

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XPRIZE...  •  An innovation engine and driver of exponential change

•  Catalyst for the benefit of humanity

•  Provide the vision and thought leadership to identify the Grand Challenges – the global crises and market failures where solutions are thought to be either out of reach or just, plain impossible

•  Then design and operate incentivized prize competitions to solve them.

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XPRIZE...  •  An innovation engine and driver of exponential change

•  Catalyst for the benefit of humanity

•  Provide the vision and thought leadership to identify the Grand Challenges – the global crises and market failures where solutions are thought to be either out of reach or just, plain impossible

•  Then design and operate incentivized prize competitions to solve them

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p.  10   PRESENTATION  NAME  |  DATE  

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MOORE’S LAW •  Infinite Computing •  Sensor & Networks •  Robotics •  3D Printing •  Synthetic Biology •  Digital Medicine •  Nanomaterials •  Artificial Intelligence

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p.          |  SPONSORSHIP  OPPORTUNITIES,  11.09.13  

WHAT IS AN XPRIZE

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p.          |  SPONSORSHIP  OPPORTUNITIES,  11.09.13  

WHAT IS AN XPRIZE Highly-­‐leveraged  global  compeFFon  challenging  teams  to  solve  the  world’s  grand  challenges.    

Audacious,  but  achievable  

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LEVERS OF CHANGE •  Inspire the Market •  Address Grand Challenges •  Demonstrate a Breakthrough •  Mobilize New Talent & Approaches •  Direct Policy •  Educate and Improve Skills •  Focus and Motivate a Community •  Influence Public Perceptions •  Mobilize Capital •  Identify Excellence

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Compe&&on  Timeline

4 ½ Years

2 0 1 4 2 0 1 72 0 1 5 2 0 1 6 2 0 1 8

Qualifying and Design

Development and Testing

Deployment and Monitoring

Application Process

Judging and Awards

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ORTEIG PRIZE •  $25,000 •  8 years to achieve •  Injection $400,000

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THE PRIZES

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Ansari XPRIZE

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GRAND CHALLENGE Spaceflight was expensive, exclusive and in the hands of government RESULTS Created a $2 billion dollar private sector space industry putting thousands back to work and creating new opportunities

Launched Virgin Galactic   Ansari XPRIZE

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GRAND CHALLENGE Need for patients to have more control over their health COMPETITION Create a medical device that puts healthcare in the palm of your hand. Device capable of capturing key health metrics and diagnosing a set of 15 diseases  

GRAND CHALLENGE Patients need to have more control over their health

COMPETITION Create a medical device that puts healthcare in the palm of your hand

Capable of capturing key health metrics and diagnosing a set of 15 diseases  

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$30 Million Prize Award

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Boldly go… where no sponsor has gone before.

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Steve Jurvetson Digital Awakening

INSIGHTS

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Ocean

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International

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WHY DO SPONSORS CONNECT WITH

XPRIZE?

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INNOVATION IS CRITICAL TO CORPORATIONS…

AND EVERYONE ELSE

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XPRIZE PROVIDES IMPACT OF AUTHENTIC

INNOVATION FOR SPONSORS

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STORY TO STORYBOARD

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POSITIONS SPONSORS AS PIONEERS

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Leverage Innovation impact throughout

sponsor organization

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LEVERAGE THE XPRIZE COMMUNITY

“TIP OF THE SPEAR” OF

INNOVATION

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XPRIZE Community

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Programs for our Giving Societies

Adventure Trip

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EDUCATIONAL OUTREACH & STEAM

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