An Open Prize is a unique problem posted by a Prize Maker that is published in Philoptima's Open Innovation Marketplace. Each Prize is associated with a Financial Reward sponsored by the Prize Maker. Prizes can be large or small, short-term or long-term.

Goal of a Prize

The goal of a Prize is to solicit solutions from the researcher pool, and ultimately choose the one that best fits the criteria set out by the Prize maker. If a Prize is selected as "winning" by the Prize Maker, the researcher receives the financial award, Become a Philoptima Prize Maker and sponsor a Prize to reach out to thousands of Consultants and research experts in Philoptima faculty. It's easy and secure. Prize Maker and Researcher identities are kept confidential, and Philoptima manages the entire intellectual property (IP) transfer process. Download IP Data Sheet

Open Prize types

The Philoptima Open Innovation Marketplace presents Prizes that cover over 300 disciplines, and fall into two major types called “Design Prizes” for when you want research to start a project that intervenes in a community problem, and “Implementation Prizes” for when you already have an intervention design in mind but you want to see how nonprofits will implement the program in your community.

Design Prize :

If you want to find a well researched solution to a community problem, you want to sponsor a Design Prize. This type of prize throws members of the Philoptima Faculty into competition to submit solutions to the problem you have described. view all open prizes....

Implementation Prize :

If you already have a well designed program to attack a community problem but want to get a equally well designed implementation plan and budget for your community, you want to sponsor an Implementation Prize. This type of prize invites various nonprofit organizations in your region to submit implementation plans and budgets tailored for the population you are targeting. view all open prizes....

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