Challenges are a way for companies and individuals to submit their ideas regarding solutions to issues that organizations are working to solve. Some of the country’s most innovative organizations use crowdsource innovation challenges to connect with the world’s most talented thinkers who then compete to provide solutions in return for a monetary prize and the networking opportunities that being announced as a winner creates. This, in turn, helps Lumina in our work. We have only 9 years to reach Goal 2025; the aim of increasing the proportion of Americans with high-quality degrees, certificates and other credentials to 60% by 2025.
Lumina Foundation’s Social Innovation Prize for Postsecondary Learning seeks to highlight social ventures that are either already impacting postsecondary education in the US, or believe they could apply their model to increase attainment in the higher education sector. The organizations we’re interested in may be of any type, as long as they can show how their practices can be used to scale and sustain efforts to help advance Goal 2025.
Beyond the $50,000 award, the Lumina’s Social Innovation Prize for Postsecondary Learning offers a unique opportunity for visibility and networking with industry leaders at the ASU GSV Summit, a must-attend annual conference that brings together thought leaders who want to multiply the power of a great idea. Each finalist will pitch to a panel of industry experts that will include myself, Anne Dwane (GSV Ventures), Dan Osusky (B Lab), and Nasir Qadree (Village Capital). At the end of the ASU GSV session part of the prize will be awarded by the panel, the rest according to a live online crowd vote that will run during the session. In addition, finalists will have the opportunity to plug into the many successful and long-lasting partnerships within the nonprofit and investment sectors that Lumina Foundation has built. It is Lumina’s hope that this Social Innovation Prize can be used as a potential first step in developing similar relationships with leading social ventures.
Please take a moment to look through the Challenge and consider if any of your ideas might be viable for submission. In addition, please pass on news of the Challenge launch to your networks. Help us find folks working hard to find solutions that align with Lumina’s goal to build an equitable, accessible, responsive and accountable higher education system.
Thanks and see you in San Diego!
Vice President of Communications & Innovation