$1.4 Million Oil Spill Cleanup PrizeParticipate in solving this complex challenge to clean up the Gulf Coast's oil spill.
The X Prize Foundation has launched a special "challenge contest" that will distribute some $1.4 million in prize money to those who come up with the best ideas for cleaning up the Gulf Coast's waters and shoreline: The Wendy Schmidt Oil Cleanup X Challenge.
The $1.4 million in cash prizes will go to those individuals or teams that come up with the best ideas for cleaning up the oil damage from the Gulf Coasts's oil crisis. Funds will be supplied, and awarded by the X Prize Foundation.
IdeaConnection is now forming teams to tackle this challenge, utilizing its virtual ThinkSpace and teams lead by facilitators, to come up with in-depth solutions to submit to X Prize.
We have found, again and again, that teams come up with more complete and detailed theoretical solutions, as compared with individuals just giving ideas. (The Netflix Prize, for example was won using the team approach.)
According to their website: "A $1 Million Prize will be awarded to the team that demonstrates the ability to recover oil on the sea surface at the highest oil recovery rate (ORR) and the highest Recovery Efficiency (RE)."
[SIGN UP NOW] meet your team members, and start working to achieve a successful solution.
IdeaConnection Team Submission
If you have insightful, but incomplete ideas, consider working with IdeaConnection as a member of one of several virtual teams working on this challenge.
Each team consists of approximately four problem solvers, like you, plus an experienced facilitator.
Any award that a team wins is shared equally between IdeaConnection, each team member and the facilitator.
Teams at IdeaConnection have succeeded in solving many complex challenges.
Winning team member's submission, winning team members and award amounds, will be published on this page.
[SIGN UP HERE]
If you prefer to submit directly to the X Challenge, please go to their [WEBSITE]
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