What is an Innovation Challenge?
Innovation Challenges are crowdsourcing competitions frequently used by organizations to engage innovators in the identification of concepts, technologies and solutions that support activity in priority areas, spur scientific or technological breakthroughs, or address specific social issues or problems.
Regardless of purpose or desired output, incentive-based competition enables sponsoring organizations to engage with a broad range of innovators. This democratization of innovation exposes the problem space to a more diverse set of skills, experiences and perspectives than typically available in other more traditional approaches.
The MaRS Innovation Challenge Process
The MaRS Innovation Challenge process involves 6 fundamental steps:
Resources and infrastructure development
Challenge management and outreach
Post Challenge Activities
Support in solution development, implementation, or scaling
Who do Innovation Challenges involve?
An organization, or group of organizations, looking to solve an issue.
Innovative individuals and organizations (including for-profit, not-for-profit, academic, and public institutions) who participate in an innovation challenge.
Subject matter experts who select the innovation challenge finalists and winner(s).
Experts who design innovation challenges.
Faurecia, Sponsor of the Faurecia Biosensing Safety Challenge
“The Innovation Challenge Process has proven to be highly valuable for our organization.”
Wellington-Dufferin-Guelph Public Health, Winner of the Healthy Neighbourhoods Data Challenge
“This Challenge pushed our team outside of our traditional operating parameters to create a product that is truly innovative.”
Brave Technology Coop, Winner of the Opioid Data Challenge