The Genesis Prize, a "Jewish Nobel Prize" worth $1 million, was announced in a statement from the office of Israeli Prime Minister Benjamin Netanyahu with Jewish Agency Chairman Natan Sharansky and Genesis Philanthropy Group founder Mikhail Fridman.
The Genesis Prize recognizes far-reaching achievements in science, the arts, business, medicine, diplomacy and other fields of human endeavor have been realized thanks to the Jewish people's natural aspiration to improve the world, and to its desire to pass its moral values on to coming generations.
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In the world of social enterprises, failure is a cringe-worthy moment nobody wants to talk about. But, social entrepreneurs can benefit from their failures.