Competitions are a great way to engage networks, whether internal or external, to engage in longer term initiatives. Whether sponsoring a hackathon to solve a particularly thorny problem or running an annual competition to improve the customer experience, Idea Spotlight provides the flexible frameworks to simplify the administration of competitions so you can focus on great ideas.
Create templates to simplify the process to run competitions
Make it simple to quickly launch competitions – whether Dragon’s Den style to award internal or external innovation grants, or hackathons to complete proof of concepts and prototypes – so that business leaders across the organisation can easily take advantage of their benefits. Easily manage regular competitions with limited administrative burden.
Whether looking for new startups and SMEs to join an accelerator or innovation hub, or providing resources to fund employee projects, companies need a transparent and consistent way to evaluate the opportunities presented and allocate things like time, money etc., to power initiatives.
Build a consistent and transparent process to evaluate options
Whether gathering applications to raise an accelerator cohort, awarding partner-sponsored grants or distributing funds from your internal innovation fund, providing a consistent and transparent process to gather and evaluate applications ensure the process is respected and embraced.
Use Form Builder to create the right application for each process, to ensure that you are capturing the right information to make an informed decision. Select the right level of privacy options to protect IP, while still being able to celebrate the selected cohort.
Sponsor Grand Challenges
Some problems require a new perspective and broader involvement from a global audience that taps into unique skill sets. Open Innovation challenges put no limits on participation – general public audiences or subsets of the public - and can drive the right solutions.
Reach a global audience to resolve systemic challenges
Use social logins with platform such as LinkedIn, Twitter and Facebook, to make it easy to join and contribute to the Challenge. Social logins lower the barrier to entry, encouraging access to global expertise to address systemic challenges affecting broad communities worldwide.