Federal agencies have used prize competitions and challenges to drive competition and spark innovation for nearly a decade. In September 2010, as part of President Obama’s Strategy for American Innovation [PDF], the Administration launched Challenge.gov, an online platform that enables federal agencies to engage civic innovators, entrepreneurs, and citizen scientists in prize competitions and challenges designed to help carry out agency missions and benefit society. The Administration is helping organize two events this week to celebrate the success of Challenge.
Later this year, the Federal government will celebrate the fifth anniversary of Challenge.gov, a one-stop shop that has prompted tens of thousands of individuals, including engaged citizens and entrepreneurs, to participate in more than 400 public-sector prize competitions with more than $72 million in prizes. The May 2015 report to Congress on the Implementation of Federal Prize Authority for Fiscal Year 2014 highlights that Challenge.gov is a critical component of the Federal government’s use of prize competitions to spur innovation.