Google to Pay $10 Million for Fresh Ideas
As part of Google’s celebration for their recent 10th birthday, the search engine giant has announced that it will award $10 million to “those who help the most.”
Project 10v100, (pronounced ten to the one hundredth) a new competition being held by Google, is a call for all new ideas to help as many people in the world as possible. Google is now accepting submissions through their website and encourage applicants to supplement their submission with a 30-second video. The last day for submissions is October 20, 2008.
“These ideas can be big or small, technology-driven or brilliantly simple — but they need to have impact,” said Google in a press release. “We know there are countless brilliant ideas that need funding and support to come to fruition.”
The $10 million will be awarded to one great idea in May, or split between several depending on how many the judges deem as winning ideas.
Recent press reports have stated that Google’s competition is a method of “crowdsourcing” or “the Internet-age notion that the collective wisdom of mass audiences can be leveraged to find solutions to design tasks. “
Applicants can submit several ideas and do not need specific expertise in technology, or another field, in order to implement the idea.
