Future of Work Grand Challenge
$6 Million in Prizes for Big Ideas for the Future of Work
On June 22, the venture philanthropy organization New Profit and a coalition of partners launched the Future of Work Grand Challenge, powered by XPRIZE and MIT Solve. The cross-sector, equity-focused effort aims to rapidly reskill 25,000 displaced workers into higher wage jobs in the next 24 months and equip influential workforce boards with vetted tools to support the wave of displaced workers in six months. The Future of Work Grand Challenge will achieve broader systemic change to help prepare 12 million Americans from underinvested communities for workforce success by 2025.