The TED prize a unique and ambitious prize awarded every year at the TED conference in Monterey, California is being updated and changed for for 2013.

+ Historically, the TED Prize was awarded to individuals who then made a wish. Starting in 2013, it will be awarded to individuals with a big wish already in mind.

+ Individuals can self-nominate or nominate someone else; every self-nomination will include a proposal for a world-changing and achievable wish. Anyone can be nominated, including existing members of the TED community (TED Fellows, TEDx organizers, etc.).

+ And finally, we have raised the cash award to $1 million to provide powerful seed funding for the wish.

Sounds to me like the VC startup culture is taking hold at TED.