Therefore, you are a bit handy with your hands, have some spare time, know how to design, build and show off an idea. Well then, this Tricorder X Prize could be right up your street, with a $10 million prize and the knowledge that you have saved millions of lives because they now have access to low cost medical diagnostic equipment! There is a massive market for this equipment, but it has to be mobile, easy to operate and very effective it doing the job asked of it.
Who exactly are the X Prize Foundation? The information below will give you some background on the scheme;
The X PRIZE Foundation looks to accelerate the real-world impact of science, technology, and information related to the worldwide optimization of health and the elimination of illness and disease.
The object of the X Prize award for the tricorder is to create something fantastic that can help save lives;
The prize aims to incentivize consumer empowerment in healthcare by extending the reach of health information and services to more people. As a result, seven billion people around the world can have access to low-cost, reliable, medical diagnostics, which will ultimately prevent pandemics and save lives.
Source [Nerd Approved]