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Prize4Life Featured in Major Innovation/Prize National Conference
Date:4/29/2010

Conference, hosted by Case Foundation and Office of Science and Technology Policy, will bring together leaders in open innovation

Washington, DC (Vocus) -- This Friday, Prize4Life will be an invited participant in “Promoting Innovation: Prizes, Challenges and Open Grant Making”, a public-private strategy session jointly hosted by the White House Office on Science and Technology Policy, the Domestic Policy Council, and the Case Foundation. Conference organizers are expecting 200 participants representing more than 35 federal agencies and 20 organizations covering a multitude of domains to discuss strategies, challenges, and rewards of prizes and open innovation.

The “Promoting Innovation: Prizes, Challenges and Open Grant Making” conference was established to promote discussion on identifying opportunities for, designing, and implementing high-impact prizes, challenges, and open grantmaking projects. The conference comes on the heels of some dramatic changes in the landscape of incentive prizes. In the last several years, both the private sector and the US Government have progressively embraced the conversation on prizes and open innovation. For example, in September 2009, President Obama released his Strategy for American Innovation, calling for agencies to “use high-risk, high-reward policy tools such as prizes and challenges to solve tough problems.” Further, in December 2009, the White House issued the Open Government Directive, calling on agencies to tap skills and knowledge of the American people in addressing the country’s pressing problems. Open innovation and crowdsourcing techniques have been gaining traction across industry lines, including among foundations, media, in industry, and in the Department of Energy.

Prize4Life’s Chief Scientific Officer, Dr. Melanie Leitner, will be leading a breakout session focused on Prize4Lif
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Source: PRWeb
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