I found this organisation a while ago and have been keeping an eye on it ever since – it is quite an innovative idea itself.
Innocentive.com hosts an innovative market place. Those that are seeking an innovative solution or product can submit it online offering monetary awards to the ‘solver’ who submits the best innovation.
Competitions/ challenges cover a side variety of industries including; chemistry, life sciences, business, physical sciences, engineering, maths and computer science
This is the Web 2.0 phenomenon of crowdsourcing, collaborative competitions, user/customer-centered innovation and user-generated innovation
Below I have pasted in some examples of challenges currently available on the site
INNOCENTIVE 6057559 RTP 220 project rooms open
POSTED: MAR 10, 2008 DEADLINE: JUN 10, 2008 $40,000 USD
Design of an affordable solar powered device to prevent and/or limit the spread of malaria is desired. Read More
INNOCENTIVE 5656095 Ideation 570 project rooms open
POSTED: NOV 29, 2007 DEADLINE: Under Evaluation $5,000 USD
The Seeker is looking for viral marketing ideas for the recruitment of millions of new InnoCentive Solvers. You do not actually need to be an expert in marketing or advertising to work on this challenge. What matters most is your creativity and common sense as a professional, consumer, and individual.
INNOCENTIVE 5627144 Theoretical-IP Transfer 125 project rooms open
POSTED: MAR 07, 2008 DEADLINE: MAY 09, 2008 $20,000 USD
Approaches to prevent contamination of a cosmetic product are needed.
More details are available once you register as an InnoCentive Solver. Read More INNOCENTIVE 5400225 RTP 527 project rooms open
POSTED: AUG 27, 2007 DEADLINE: Under Evaluation $50,000 USD
Seeking compounds that safely cleave disulfide bonds in proteins.
More details are available after you have registered as an InnoCentive Solver. Read More INNOCENTIVE 5402964 Theoretical-IP Transfer 80 project rooms open
POSTED: AUG 27, 2007 DEADLINE: Under Evaluation $15,000 USD
A method for detecting transgenes at early stages of plant transformation is needed.