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Two of the world's richest women, Melinda Gates and Mackenzie Bezos, have announced a $30 million competition to encourage creative solutions for challenges women face including sexual harassment, caregiving and racial discrimination.
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"The entrenched inequalities that divide America — race, gender, class — will not go away without systems-wide change,” Gates said in a statement. “This Challenge is seeking bold ideas to dismantle the status quo and expand power and influence for women of all backgrounds."
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Through Gates' company Pivotal Ventures, the "Equality Can't Wait Challenge" will award at least two grants of $10 million or more to "the most compelling proposals" in the summer of 2021. The challenge will divide up an additional $10 million among finalists.