Our Impact

Changing the world

Markets invigorated, policies shifted and real lives changed, all thanks to our challenge prizes.

Challenge prizes make the world a better place. From raising public awareness and generating evidence, to shaping the future of policy and tech, we see first-hand the far-reaching impact this work can have.

That’s why we take every step of every challenge prize into account, always refining our method to support a huge range of issues.

Whether it’s our end-to-end service that covers everything from initial research to final prize delivery, or working closely with partners to help design their perfect prize, we do it all with our eyes firmly on the end goal and impact.

Our Impact in numbers

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    innovator teams around the world working to solve key challenges.

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    distributed to innovators in prizes and seed funding, with £73.2M still to be won.

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    finalists named through our 84 challenge prizes, with 217 winners named in 10 years.

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    people have been engaged in helping to develop our finalists’ solutions and bring them to life.

Take it from our winners

Winning Challenge Works’ Open Up 2018 Challenge was a critical moment in Fluidly’s evolution. It didn’t just give us much-needed financial support at a crucial early stage, it also provided us with invaluable introductions and wider credibility in the nascent open banking sector.

Challenge prizes’ real-world impact

How challenge prizes drive change