XPRIZE, the world’s leader in designing and operating incentive competitions to solve humanity’s grand challenges, launched XPRIZE Rapid Reskilling in June 2020. Sponsored by nonprofit venture philanthropy organization, New Profit, the $5M XPRIZE Rapid Reskilling competition is a three year competition incentivizing teams to develop and demonstrate the effectiveness of rapid training and reskilling solutions for individuals most vulnerable to employment loss. The solutions developed in this competition are reducing training time by at least 50% for occupations paying a living wage and providing training at no cost to the individual. The prize will not only help displaced workers navigate the near-term future successfully but will also prepare them for the long-term changes in the labor market driven by the exponential improvement in AI and expansion of automation.
We are excited to reimagine the future of work and transform how we train and educate workers with you and are proud to sponsor NCPN 2022.