In September 2010 the Obama Administration launched Challenge.gov, a one-stop shop where entrepreneurs and the public can locate and tackle tough problems – and win cash prizes doing it. Two years later, 45 federal agencies have awarded more than $13.9 million in prize money in 205 challenges, with some 16,000 citizen “solvers” taking part in the competitions.

These impressive numbers demonstrate the impact made by the administration’s efforts to make incentive prizes a key part of agencies’ problem-solving and innovation arsenal, White House officials said. Keep reading →