Heard about this project a few weeks ago. The XPRIZE organization is a non-profit organization that creates public competitions to tackle big world problems. They are usually backed by very big checks to the winners of each competition.
This specific competition is their global learning competition. In short and completely stolen of their site:
The Global Learning XPRIZE is a competition to build Open Source software to teach a child to read, write, and perform arithmetic, by themselves, without a teacher. Teams will compete to win a $15 million reward to build this revolutionary technology.
I totally love these initiatives – they really fire the entrepreneurial spirit inside of me. Taken on big world problems and really making a difference. Whether you are a entrepreneur and wants to join the competition, wants to back one of the competitions or simply share the message, you should go visit their site.