03/26/2013 11:54 am ET

Google's Global Impact Challenge Will Award $3M To Four UK Social Entrepreneurs

Google, the world’s largest search engine and one of the most powerful tech companies around, is now using its muscle to search for something new: social entrepreneurs. Today, the company is announcing the Global Impact Challenge, a new prize that will award £2 million ($3 million) between four non-profit startups based in the UK that are using technology for social good in areas like education, economic development, health, environment and community service. Judges for the award include Tim Berners-Lee, Richard Branson, and we the people via a public vote. If successful, the prize could serve as a template for future social enterprise competitions in other countries.

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