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Putting £50 in pot to stimulate ideas.

ChessTournamentLichess
What can be done to make the most of the money.

I had an Idea of chess players that are into various aspects of science in research or development.
Once the right idea is found, then this £50 will be there on a monthly or Bi weekly session.
The money Pot could be linked to ratings on lichess, checked for bots, and Alt accounts.
Using the money to grant wings.
Ideas welcome, what would you do to stimulate tournament's that anyone has a chance to win.
Would a Simul work.
I am always open to useful ways of getting Fun into Chess.
You can find me in various way's, all are welcome.
The Pot could be added to, If not enough players, up to a max of £500
Must be in the team.