Tell the World
Use FuturePrize to describe the invention, product, service, software, research, discovery, action, art, company, non-profit, etc. you want to see created. Just give us a brief, convincing overview of exactly what it is you want to see get done, along with some concrete goals that prize donors can use to help them decide on the winning team.
You'll also need to come up with a name for your prize, and determine how long you want the competition to run for. When setting the competition length, please try to keep in mind that you'll need to allow enough time for sufficient donations to accumulate to attract teams to the prize. You'll also have to allow for research and development time for those teams to either achieve the prize's goals, or for them to put together a convincing case that they will be able to do so.
Optionally, you can also make a brief YouTube video (5 minutes or less is recommended) to help sell your idea, and upload an image or two to help paint the picture. Finally, you'll need to decide if you intend on keeping a small percentage of the prize (between 0-10%) for yourself. You can read more about that down here.