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10x is in the business of investing in new ideas. Typically each year we evaluate ideas submitted from public servants across the federal government, but this year we are doing things a little differently. **We will not be evaluating ideas this fall.** Instead, we will be investing in our existing pipeline of ideas crowdsourced by public servants, and we are also investing in new structures in order to go after the government's hardest problems.

As with any healthy product, program and/or organization, evolution is necessary for us to succeed, grow, and meet future challenges. We are excited to formally introduce our new framework, called 10x Concepts. While we will continue to investigate ideas using our traditional process, 10x Concepts is the next step in our maturation to better align with our <a class="usa-link" href="https://10x.gsa.gov/impact/fy23-report/#look-ahead-to-fy24-2guiding principle">guiding principle</a>, to "take on more 'moonshot' investments." Moonshots are what we call the big, risky, and promising ideas that can lead to transformative breakthroughs.
As with any healthy product, program and/or organization, evolution is necessary for us to succeed, grow, and meet future challenges. We are excited to formally introduce our new framework, called 10x Concepts. While we will continue to investigate ideas using our traditional process, 10x Concepts is the next step in our maturation to better align with our <a class="usa-link" href="{{ '/impact/fy23-report/#look-ahead-to-fy24-2guiding principle' | url }}">guiding principle</a>, to "take on more 'moonshot' investments." Moonshots are what we call the big, risky, and promising ideas that can lead to transformative breakthroughs.

## What's a Concept Area?

Every idea that we invest in at 10x follows this hypothesis: Developing a proposed solution to a specific problem will create a positive outcome for the American public. Until now, all 10x investments have gone through our <a class="usa-link href="{{ /about/what-we-do/ | url }}">four-phased model</a> to get to this intended outcome.
Every idea that we invest in at 10x follows this hypothesis: Developing a proposed solution to a specific problem will create a positive outcome for the American public. Until now, all 10x investments have gone through our <a class="usa-link" href="{{ '/about/what-we-do/' | url }}">four-phased model</a> to get to this intended outcome.

The Concept Area differs because it enables us to commit to a single problem area over a period of time. Each Concept Area will be a portfolio of investments that will persist beyond the length of any individual project. As projects pivot and we reprioritize our individual investments, the ongoing commitment to the problem space will enable us to establish long-term relationships with stakeholders, experts, and agency partners that will enable us to deliver sustainable solutions.

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