InnoCentive built the first online Open Innovation Marketplace, and is the global leader in prize-based Open Innovation sourcing, enabling scientists, engineers, professionals and entrepreneurs to collaborate in a global community to deliver breakthrough solutions for R&D-driven organizations. The InnoCentive Marketplace connects organizations, hungry for breakthrough innovation, with a global network of more than 125,000 of the brightest minds and problem solvers.
How does the InnoCentive Open Innovation Marketplace work?
- Seekers - commercial, government and nonprofit organizations – anonymously post their toughest Challenges to the InnoCentive web site.
- Each Challenge is posted with a description of the problem, a solution due date, and a cash award, ranging from $5000 to $1,000,000 for the best solution.
- InnoCentive Solvers - scientists, inventors, engineers, business people and research organizations – join the InnoCentive community to submit solutions to Challenges.
- The Seeker organization chooses the best solution that meets their requirements and the winning InnoCentive Solver receives the cash award.
Who can join the InnoCentive Solver community?
Anyone who loves a challenge, thinks outside of the box and wants to earn significant cash awards for solving Challenges in any of the following domains:
Engineering and Design Chemistry Math and Computer Science
Life Sciences Business and Entrepreneurship
There are no fees to join, and registration is easy.
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Why become an InnoCentive Solver?
- Work on challenging, cutting-edge problems
- Earn significant cash rewards for solving problems
- Put your expertise and creativity to use – get the chance to work on things you may not be able to work on at your "day job"
- Choose to work only on the problems that interest you
- Be a part of the fastest growing innovation community
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