Striving to create a better life for people and a better future for our planet.
LIFE’S GOOD AWARD is an innovation challenge pursuing environmental and social values and spreading LG Electronics’ LIFE’S GOOD vision by recognizing innovative solutions for our community and planet.
The challenges
LIFE’S GOOD AWARD focuses on two areas of innovation, which are innovation for the planet and innovation for people.
Innovation for the planet
Recognizes innovative solutions for technologies, systems and processes that help deliver a better life for all, including ideas that minimize environmental impact by pursuing renewable energy and carbon neutrality, creating circular economies, and developing eco-friendly products and services, etc.
Innovation for people
Recognizes innovative solutions for technologies, systems and processes for a better, healthier, and more comfortable life for all, including ideas that prioritize and improve inclusivity by providing accessible and usable experiences for all people, etc, including marginalized individuals/communities who experience physical and systematic barriers.
Prizes
All finalists:
A total of 1M USD for 3 winners. Three finalists will be ranked in order of their presentation scores and receive different prizes according to their ranking.
• Grand prize: $700,000
• Silver: $200,000
• Bronze: $100,000
Introduction at CES 2023:
The three finalists’ ideas will be introduced on the LIFE’S GOOD AWARD website and at CES 2023.
Grand Prize (1st place)
Special opportunity: Winners may be selected as a special member of the jury for the 2nd LIFE’S GOOD AWARD by agreement.
Eligibility criteria
- The LIFE’S GOOD AWARD is open to anyone with an innovative idea contributing to sustainable living.
- Applicants may apply as a group or as individuals.
- There is no limit on team members or company/organization scale.
- All applicants must be at least 18 years old on the submission date.