$1M Genesis Generation Challenge Seeks World-Changing Solutions
A Million-Dollar Opportunity for Social Entrepreneurs
The Genesis Generation Challenge has officially opened applications for its prestigious $1 million competition, inviting teams worldwide to develop innovative solutions addressing critical global challenges. This initiative, rooted in Jewish values, aims to fund transformative projects that create meaningful social impact.
Competition Focus Areas
Eligible proposals must target one or more of these pressing global issues:
- Environmental sustainability and clean technology
- Urban planning and sustainable cities
- Public health and wellness initiatives
- Global education advancements
- Cross-cultural exchange programs
- Poverty alleviation strategies
Prize Structure and Mentorship
The foundation will award:
- \(100,000 to \)1 million for 10 winning teams
- Expert mentorship to guide project development
- Implementation support for viable solutions
“Young innovators worldwide have brilliant ideas but often lack resources,” said Michael Bloomberg, inaugural Genesis Prize recipient. “This challenge exists to fund their potential.”
Application Requirements
To participate, teams must:
- Have a leader aged 20-36
- Include members all above 18 years old
- Submit a detailed project plan and budget
- Clearly identify beneficiaries and required resources
Judging Panel and Criteria
A distinguished panel of 25 experts will evaluate submissions, including:
- Dan Shechtman, Nobel Prize-winning material scientist
- Rachel Haot, NY State’s Chief Digital Officer
- David Hatchwell Altaras, President of Excem Group
Foundation Background
The Genesis Prize Foundation emerged from the $100 million endowment of the Genesis Philanthropy Group, founded by energy executive Stan Polovets. The initiative represents a collaboration between:
- Israeli Prime Minister’s Office
- Genesis Philanthropy Group
- Jewish Agency for Israel
Bloomberg redirected his $1 million prize to establish this competition after declining the personal award.
How to Apply
Applications are now open through the Genesis Generation Challenge website. The program welcomes both nonprofit and commercial proposals focused on early-stage, high-impact solutions.
Despite current geopolitical tensions in the region, the foundation remains committed to its mission of fostering global problem-solving through Jewish values of tikkun olam (repairing the world).
This competition represents a significant opportunity for young social entrepreneurs to secure funding and support for their world-changing ideas.
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