The Future of Work Grand Challenge Powered by XPRIZE and MIT Solve
Automation. A growing skills gap. Low wages. Crippling student debt. The enormous challenges we face related to the Future of Work have now been heightened by the global pandemic and rising inequities.
How will we rebuild the economy and create a future of work that works for everyone? This is the challenge of our time, and we need your help solving it.
By identifying and funding the most promising ideas and solutions, New Profit’s $6 million Future of Work Grand Challenge, powered by XPRIZE and MIT Solve, will:
- Rapidly reskill 25,000 displaced workers into living-wage jobs in the next 24 months.
- Equip influential workforce boards with vetted tools to support the wave of displaced workers in six months.
- Achieve broader systemic change to help prepare 12 million Americans from underinvested communities for workforce success by 2025.
The Grand Challenge puts equity at the core, seeking ideas from diverse entrepreneurs and advancing solutions that serve the most under-invested workers.
No matter how you look at it, the future of work is now. In launching this Grand Challenge, we have a rare opportunity to accelerate solutions which are built by diverse teams and work for the communities most impacted by centuries of unfair policies and practices.
0:00 – 15:00 Announcement of the Grand Challenge Prize
- Alex Amouyel, Executive Director, MIT Solve
- Anousheh Ansari, CEO, XPRIZE Foundation
- Dr. Angela Jackson, Partner, New Profit
15:00 – 51:00 Panel: Rebuilding An Economy That Works For Everyone
- Ali Velshi, Host of “Velshi,” MSNBC
- Baron Davis, Former NBA All-Star and Investor
- Bill Hansen, CEO & President, Strada Education Network
- Kathleen McLaughlin, President, Walmart.org
- Dalila Wilson-Scott, President, Comcast Foundation
51:00 – 1:25:00 Fireside Chat: How can investors change their mindsets to help build a more equitable economy?
Learn More and Apply
XPRIZE Rapid Reskilling
XPRIZE Rapid Reskilling will help workers facing systemic barriers, dislocation, and other challenges access knowledge and skills to help them thrive in the new economy, with a focus on reducing the time it takes to train for and secure living-wage jobs. XPRIZE will begin accepting community feedback on guidelines beginning on June 22 and formal submissions will be accepted in September 2020.
MIT Solve Challenge
The MIT Solve Challenge, in partnership with the Morgridge Family Foundation, will power a six-month competition to find and support the most promising solutions to help workers assess their skills, find high-growth jobs, and get support to land those jobs. Submissions are now open.
Special thanks to our sponsors:
Annie E. Casey, The Joyce Foundation, Lumina Ventures, Siegel Family Endowment, Accenture, the Morgridge Family Foundation, IBM, CSU Global, Gary Community Investments