Stemming from the Obama administration's Open Government Initiative and the AmericaCOMPETESAct, which together strongly encourage and provide specific guidance on the use of competitions and challenges in the Federal Government, there has been significant momentum in the use of incentive prizes in the public sector in the past two years.
The 15-member Advisory Board was formed, as part of the AmericaCOMPETES Reauthorization Act, to guide a comprehensive review of U.S. innovation and global competitiveness of the 21st century.
The AmericaCOMPETES Reauthorization Act of 2010, signed by President Obama earlier this year, calls upon OSTP to coordinate with agencies to develop policies that assure widespread public access to and long-term stewardship of the results of federally funded unclassified research.