What is the LMFI X-Prize
LMFI is proposing a district-wide open call for funding in partnership with LMUSD to award a one-time grant of $50,000 for the most innovative project/program idea.
This “open call” model has proven to be a popular model of funding amongst prominent foundations (e.g. Google.org’s Impact Challenge, Gates Foundation Grand Challenge, TED’s Audacious Project, etc.) to solicit ideas from a broad scope of applicants with the goal of funding the launch and testing of big, audacious ideas.