£250k prize for the design of a new Garden CityThe 2014 Wolfson Economics Prize is to be awarded to the entrant who offers the best answer to the question “How would you deliver a new Garden City which is visionary, economically viable, and popular?”

The case for garden cities is overwhelming with the current housing situation in the UK creating hardship and inequality for millions of people. But finding an innovative way to build communities that truly provide for and support their residents is not simple to achieve. The 2014 Wolfson Economics Prize therefore seeks to develop an answer to the question of how to bring about a new garden city.

Entrants are asked to explore the prize question in detail in a submission of up to 10,000 words.

The overall winner will receive the £250,000 prize and runners-up will get prizes of £10,000. Judges also have the discretion to award additional prizes ("Light Bulb Prizes";) from a fund of £5,000 to recognise entrants whose submissions address aspects of the prize question in particularly innovative, creative or otherwise outstanding ways.

The deadline for submissions is 9am on Monday the 3rd of March 2014.

For the prospectus with the full details of the prize, visit: http://www.policyexchange.org.uk/images/WolfsonPrize2014/wolfson%20prize%202014%20prospectus.pdf