Spark purpose-driven innovation
in your office and across the world - with our proven approach to incentive prizes.
We partner with organizations and governments to deploy incentive prize competitions that find and validate innovations for a better world.
THE PRIZE MODEL: Purpose Built For Today’s Innovators
Open-source innovation is the ‘lab’ of the 21st century. Breakthroughs can, and often do, come from anywhere and prize competitions are your innovation search engine.
20th century innovation was defined by large, centralized R&D facilities such as Bell Labs. They were isolated, knowledge was guarded and only the chosen few were allowed in.
Today, innovation is decentralized, the world is connected and knowledge is openly shared. It is a democratic opportunity for all.
We are mobilizing this open laboratory for scaled impact.
Why do we need prize competitions?
Our challenges are complex
- New thinking and perspectives are required
The world is connected
- It’s now possible to access solvers across disciplines and around the world
Knowledge is democratized and available for all
- The solvers we need aren’t held back
Deliver Breakthrough Solutions
Mobilize New Talent
Engage diverse innovators outside your community and move beyond traditional R&D.
Solve a Societal Need
Create an innovation search engine to solve your challenge.
Drive More Impact
Help existing innovations reach their full potential.
Be A Source of Inspiration
Demonstrate leadership and instill an ‘innovation mindset’.
Engage Employees
An action-oriented program grounded in purpose.
Address U.N SDGs
Deliver progress against your SDG and ESG goals.
The Prize Model:
A Proven Innovation Process
Scoping
Scoping
Design
Design
Launch
Launch
Assessment
Assessment
Objective Testing
Objective Testing
Surface Multiple Winners
Surface Multiple Winners
Our Partners
Sustainable Growth Co. was a great help when we were mandated to establish a “challenge” program for food waste and loss. Eric’s approach and frame for challenges were clear, his knowledge and experience were invaluable, and his commitment to innovation and environmental sustainability is unquestionable.