InnoCentive Challenges. Innocentive.com provides a powerful, secure online forum enabling companies to reward scientific innovation through financial incentives. Here’s how it works: a) Companies contract with InnoCentive as “Seekers” to post R&D challenges to the web site; b) Each Challenge includes a detailed description and requirements, a deadline, and an award amount for the best solution; c) Award amounts are determined by the Seeker and range from $10,000 to $100,000. You can view the list of previous award recipients here and d) The name of the Seeker company posting the Challenge remains confidential and secure.
April 1, 2007 Leave a Comment