The ifund Foundation carefully researches the problems that are fundamental to its goals. The next step is to pursue solution strategies that warrant further support.
In reality, it inevitably happens that ifund is occasionally obliged to draw the conclusion that there are too few solution strategies. In that case, ifund can encourage their development by proclaiming a prize contest.
The winner of a prize contest takes home a cash sum that must be spent on further research or in the development of an idea towards a specific solution – and possibly the setting up of a company. Ifund supports this process with advice, experts, office premises and experimentation space, to name but a few.
Examples of prize contests