Three winning companies will be selected by judges including Sir Richard Branson and inventor of the world wide web, Sir Tim Berners-Lee. The fourth winning company will be decided via a public vote - the only stipulation is that the start-ups are using technology for social good in areas like education, economic development, health environment and community service.
Google announced details of the competition on their blog saying, "we're kicking off our first Global Impact Challenge in the U.K, inviting British nonprofits to tell us how they would use technology to transform lives. Four nonprofits will each receive a £500,000 Global Impact Award, as well as Chromebooks and technical assistance from Googlers to help make their project a reality."
You're invited to apply online at g.co/impactchallenge by 17 April and ten finalists will be announced on 22 May. On 3 June the top 10 finalists will pitch their concepts to a judging panel. Each winner will take home £500,000 and all ten finalists will be getting 10 chromebooks.
It's great to see Google supporting smart entrepreneurs who are using their ingenuity to commit innovative concepts for the good of the world, not just to make money. Well done.