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The MacArthur Foundation is now accepting proposals from scientists for its third round of $100 million "100&Change" grants, aimed at tackling "one of the world's most critical challenges," the foundation says in a press release.
This year's focus is on climate change, and the 100&Change winners will each receive $100 million over five years to work on a specific problem, with a maximum of $5 million each year for the first three years and $1 million each year after that, the Washington Post reports.
The winners will be chosen from among the 500 nominees from around the world, who will be asked to present their proposals at the foundation's annual meeting in San Francisco on Oct.
24.
The winners will be announced in December, and the money will be doled out in stages over the next five years, with a maximum of $5 million each year for the first three years and $1 million each year after that, the New York Times reports.
The Times notes this is the first time the foundation has opened the competition to scientists working in any field, and it's not the first time it's been looking for solutions to some of the world's biggest problems: In its first two rounds, the MacArthur Foundation awarded $50 million to researchers working on
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Social Entrepreneurship
Spotlight
Halcyon Incubator Selects Inaugural Class of Fellows
Washington, D.C. based incubator for social entrepreneurs, Halcyon Incubator, has selected seven ventures to move into the newly renovated Halcyon House in September for its inaugural class of fellows.