Inducement Prizes -- Best known for the Ansari X Prize, the DARPA Grand Challenge and the Clay Mathematics Millennium Problems, inducement prizes have a long history, but their recent successes have led to increased government interest, viz. challenge.gov, and resulted in the development of vaccines, thanks in large part to the work of Michael Kremer.^* [more inside]
posted by kliuless on Jan 6, 2011 - 8 comments

The Buckminster Fuller Institute is now accepting submissions for it's new, annual design challenge contest. Submissions must be applicable with real-world technology, solving real-world problems with a minimum of ecological impact. The offered prize is $100,000, on par with some of NASA's challenges. ( Buckminster Fuller on Wikipedia, and E2 )
posted by loquacious on Jul 20, 2007 - 9 comments

Un-Fold. (quicktime clip) City Magazine asked 9 designers, from 9 cities across the world to design a chair in 90 days. Oh, and it had to fit in a FedEx box. Pics and more about the designers and the project.
posted by madamjujujive on Jun 18, 2004 - 26 comments

What makes for a great champagne chair? Design Within Reach sponsored a holiday contest to design a chair constructed from the cork and wire cages of champagne bottle. Judges had a difficult time deciding from the 400 entries that poured in. (via Buzz.)
posted by madamjujujive on Jan 19, 2004 - 7 comments