Tuesday, September 12, 2006

X-PRIZE FOUNDATION

An X-Prize is a prize awarded for some scientific or technical achievement. The recent $10 million dollar prize for the first private enterprise spaceship was done on this basis & another exists for the first orbital flight. We should set up an X-Prize Foundation for Scotland funded primarily from Scotland's share of the National Lottery money plus any private donations all matched £ for £ with government money. Such prizes have a very good record throughout history of stimulating inovation. They also have the considerable advantage over most government activity of not costing anything if they don't achieve results. Hopefully this could be expanded to cover all of Britain in time

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