2023 Innovation Challenge: Phase I Winners

About the Open Call for Ideas

The Market Shaping Accelerator was thrilled to receive 186 applications to our open call for ideas from around the world. To identify the Phase I winners, submissions went through three rounds of review and were evaluated by at least six separate referees from the MSA team and external area experts.

The best ideas can come from anywhere. It’s unsurprising, then, that the Phase I winners represent geographies across the globe. In the end, MSA identified 39 winning teams from 16 different countries that will each receive the $4,000 prize for their top quality submission.

Ideas were wide-ranging – from decarbonizing hard-to-abate sectors like aluminum and concrete to creative ideas about building a modern pandemic surveillance system. The Phase I awards went to 22 different pandemic prevention ideas and 17 different climate ideas.

Meet the 2023 Phase I Winners

Climate Change

Pollution and climate change are classic cases of externalities: the polluter does not experience the full costs of their actions, which are experienced by the broader public. As a result, the commercial incentive to invest in green innovations is often far below the socially optimal level. How can we best construct a mechanism to incentivize the private sector to invest in green innovations? Which problem areas are most fruitful for policymakers and private funders to examine? MSA Innovation Challenge applicants had a wide range of ideas, from clean cooling to methane monitoring.

Pandemic Preparedness & Biosecurity

The commercial incentive to invest in innovations that aid in pandemic preparedness often far lag their social returns. Investments may only pay off years in the future if there is a future pandemic, and some interventions – like a high-quality, low-cost system to monitor for future outbreaks – have few to no private sector buyers. Our applicants had several ideas – from far UVC light to wastewater monitoring – about which problem areas in pandemic preparedness and biosecurity are in greatest need of attention, and how pull mechanisms could be used to align incentives to encourage and accelerate innovation.

External Referees

Special thanks to our excellent external experts who reviewed these applications, including:

 

Gryphon Scientific
Gryphon Scientific
University of Hawai’i
University of Chicago
Columbia University
Gryphon Scientific
Carbon180
Northwestern University
International Rescue Committee
Imperial College London
Imperial College London
Stanford University
University of Oxford
Plitzie
Development Innovation Lab, University of Chicago