The RICHARD KOCHBREAKTHROUGHPRIZE is an annual essay competition run
by the Institute of Economic Affairs (IEA) and generously sponsored
by British businessman and author Richard Koch.
The competition carries a grand prize of £50,000
On 30th November 2020, the IEA was delighted to announce the fourth RICHARD KOCHBREAKTHROUGHPRIZE. The topic of each year’s essay question is formulated in conjunction with a prominent British MP, who identifies a policy area which they passionately believe is in need of new ideas. The 2020/21 question was developed in collaboration with Dehenna Davison, Member of Parliament for Bishop Auckland, who will also be on the judging panel.
The 2020/21 RICHARD KOCHBREAKTHROUGHPRIZE is looking for answers.
A grand prize of £50,000 will be awarded for the best and boldest entry answering the question:
In the current severe economic climate, what pro-market, pro-enterprise policy would be the best way of supercharging growth, employment and living standards in ‘left behind’ Britain?
That policy must be both politically possible
and compatible with a free market society.
The 2020/21 competition was launched on 30th November 2020
and is open for entries until Tuesday 2nd March, 2021 at 12:00 UK time
The 2020/21 competition is now closed to new entries – we will let you know the results from the first round by 31 March 2021