Bill Gates' charity foundation is giving up $10 million to back ideas directed at enhancing education, abolishing poverty, and preventing climate change, amongst other causes.
With all the MiSK Foundation, a philanthropic organization established by Saudi Crown Prince Mohammad bin Salman, Bill and Melinda Gates Foundation announced a partnership on Tuesday.
The MiSK Grand Challenges initiative will finance 100 "innovators" with $100,000 each. Ideas must be submitted around two topics: education and citizenship.
A string of "grand challenges" will be launched over a three-year interval around the two issues.
The charity is watching for "innovative answers to challenges covering education systems." And it's also watching ideas to help address "Global Aims for Sustainable Growth" for example reducing poverty and making sure everyone has access to clean water.
Will access individuals and specialists to help them develop their evidence of concepts into actual initiatives. Following this, successful applicants can apply for more funding.
"The MiSK Challenges will give power to more of the brightest minds across the world to find the very best ideas to solve some of the toughest development challenges," Gates said in a media release on Tuesday.
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