The Audacious Project is a collaborative funding initiative between TED and non-profits that convenes funders and social entrepreneurs in order to scale solutions to the world's most urgent challenges.
TED described the change as: a new model to launch big, inspiring ideas with the potential to affect millions of lives.
Housed at TED, the Audacious Project brings together a powerful coalition of nonprofit organizations and individual donors with members of the public, allowing them to pool resources and work together in service of change-making ideas.
An ambitious scale-up of the TED Prize's mission, The Audacious Project will increase impact by many orders of magnitude.
[2]The Audacious Project is supported by The Bridgespan Group, but lists many more organizations as its partners, including Virgin Unite and the Gates Foundation.