Bill Gate's Foundation Offers $100K for Innovative Condom!

Miscellaneous and Personal Stuff I Must Share
1

"The Bill and Melinda Gates Foundation is a charitable organization that you’ve undoubtedly heard mentioned a few hundred times between news segments on NPR — and probably the last group you’d think of when it comes to revolutionary condom inventions.

Still, condom innovation what the Gates Foundation — in partnership with Grand Challenges in Global Health – is the latest cause that the group has decided to fund. The Gates foundation is offering a $100,000 grant to students, scientists, or entrepreneurs that want to create the world’s next-generation condom."

Surely some Doper must know something about condoms!

2

The human race must burn through tens of millions of condoms a year. Given that, I’d think the incentive to improve condoms provided by the fact that you could get millions of dollars by selling them to people that would prefer them to the usual condoms would dwarf the incentive provided by $100k.

This sort of prize makes more sense when its targeting projects that don’t intrinsically have a large potential pay-off.

3

Well, the spray-on condom apparently hasn’t … uh… penetrated the market well.