$5M XPRIZE Rapid Reskilling Competition
Practera is proud to be one of 10 teams globally advancing to the qualified teams round of the $5M XPRIZE Rapid Reskilling Competition, sponsored by nonprofit venture philanthropy organization New Profit in partnership with Jobs for the Future (JFF).
Working with future-focused workforce boards across the US, Practera will develop and demonstrate breakthrough experiential learning solutions to more rapidly train and place displaced & vulnerable American workers into higher-wage, higher-skill jobs. Qualified Teams were selected by an independent panel of experts from among 118 teams from 20 countries.
At Practera, we are inspired by XPRIZE Rapid Reskilling’s vision of a future in which all workers have access to gainful and meaningful employment. A vision that so closely aligns with our mission, values, and work to date.
XPRIZE Rapid Reskilling incentivizes teams to develop and demonstrate the effectiveness of rapid training and reskilling solutions for individuals most vulnerable to employment loss in the United States. The solutions developed in this competition will reduce training time by at least 50% for occupations with a living wage and will be provided at no cost to the individual.
Congratulations to all teams on their achievement – we’re proud to be working alongside some amazing innovators as part of the Future of Work Grand Challenge.
We’re super excited and are looking forward to the competition!
Find out more about our experiential learning technology platform and programs.