D2M have recently launched a new, nationwide Innovation competition for inventors, to have the chance of having their idea fully designed, manufactured and retailed at no personal cost. Applications are being taken from April the 1st 2014, but people can register their interest now.
Shortlisted applicants will go before a Dragons Den style panel to pitch their idea and the winner will receive expert support to transform their idea into a commercial reality.
For more information please visit http://www.design2market.co.uk/competition.html
Philips have launched an invention competition called ‘Innovation Open’, which invites all innovators, inventors, tinkerers and big thinkers to share their ideas for a chance to make them a reality and take their idea to market.
The competition offers €50,000 worth of cash prizes and the ten finalists will attend the Innovation Open finals in Amsterdam. The competition has several categories, including a wildcard category to allow entrants to be as creative as they wish.
The invention competition categories are:
- Female beauty
- Kitchen appliances
- Male personal care
- Oral healthcare
- Wild card – Health & Wellbeing
Deadline for entries 28th of October, 2012
Find out more at http://www.innovationopen.philips.com/Default.aspx
The Entrepreneur.com magazine is calling for US independent artists, craftspeople and designers to submit their product (does not have to be handmade) for inclusion in the Indie Merchant Holiday Gift Guide. This could potentially give your product a lot of exposure.
“To enter you have to submit 250 words or less the story behind the item: the reason you decided to create it; why it’s absolutely unique; why it’s different than anything you’d find in a mass-market space; whom it’s suitable for; and what customers say when they buy it. The item must be priced at $50 or less.”
Entries must be in by November 1st 2012
Visit this page to enter or find out more www.entrepreneur.com/article/224480#faq
US small businesses may be interested in this competition to win a top prize of $25K. You can either suggest your own company or nominate one you like.
Find out more and enter at www.smbchallenge.com
From the site:
“The Small Business Challenge℠ is a way for companies to compete for up to $50,000 in cash & prizes, while creating new jobs in the USA. Starting September 1st, you can register, nominate or vote for your favorite small business & help create new jobs in America!
Eligible Small Businesses can compete for $25k prize value (1st Place), $15k prize value (2nd Place), and $10k prize value (3rd Place) to help create new jobs in America.”
CJ Kettler from Genius Crowds, who I previously interviewed on this blog asked if I would spread the word about the fact that Genius Crowds are working with Mattel to crowdsource new product ideas.
What is crowdsourcing? – think of it like an invention competition, but where more than one person can influence the winning product idea by voting for it or making suggestions. Be aware that anything you disclose publicly, may mean you cannot protect that idea legally – so don’t put forward any idea you have been working on for years and intend to pursue through other avenues and check all terms and conditions before you submit. It is however a way your idea could get to market at no cost to you.
Mattel, Inc., (NASDAQ:MAT) the worldwide leader in toys and family products, has announced an Open Innovation initiative with Genius Crowds® to develop crowd-sourced product ideas for their venerable brands of Hot Wheels® and Barbie® bicycles for young children. Genius Crowds (geniuscrowds.com) is a platform for opensourced product development, facilitating the development and ideation phase online, and securing production relationships with leading marketers.
In a move towards open innovation and collaboration with their consumers, Mattel is looking for innovative ideas for their Barbie® and HotWheels® branded bicycles for children aged 4-6 years old. Mattel is among the first manufacturers to welcome product ideas with this next generation crowd sourcing platform, designed to enable marketers and manufacturers to co-create products with their consumers.
Find out more here: https://www.geniuscrowds.com/topics
Genius Crowds is a platform for consumers to get their product ideas out of their heads and onto the shelves. The company partners with notable manufacturers, marketers and retailers to bring good ideas for new products to market, reducing the cost of R&D for marketers while cultivating deeper bonds with customers.
“We are thrilled to partner with Mattel on their Open Innovation efforts,” said CJ Kettler, CEO of Genius Crowds. “Mattel recognizes the value of crowd sourcing and is committed to maintaining an open dialogue with consumers about their insights and product needs through this kind of idea exchange. “
Mattel Vice President of Innovation Programs & Inventor Relations, Elisabeth Krisel, stated: “Mattel is very excited to be working with Genius Crowds for crowdsourcing new product ideas. We believe strongly in open innovation and are thrilled to be on the cutting edge of new product development processes including crowdsourcing that enable us to listen to, and meet the needs of kids and their parents.”
About Genius Crowds:
Genius Crowds (geniuscrowds.com) is a platform for everyday people to get new product ideas out of their heads and onto the shelves. A robust community of active, creative consumers submit new product ideas that are voted as crowd favorites by their peers through crowdsourcing. All submissions are reviewed and selected by professional panelists to bring the winning products to retail and consumers may share in the proceeds or win a prize. Genius Crowds is powered by the Chaordix® Crowd Intelligence™ technology platform.
Mattel, Inc. (NASDAQ: MAT) is the worldwide leader in the design, manufacture and marketing of toys and family products. The Mattel family is comprised of such best-selling brands as Barbie®, the most popular fashion doll ever introduced, Hot Wheels®, Matchbox®, American Girl®, Radica® and Tyco R/C®, as well as Fisher-Price® brands, including Thomas & Friends®, Little People®, Power Wheels® and a wide array of entertainment-inspired toy lines. In 2012, Mattel was named as one of FORTUNE Magazine’s “100 Best Companies to Work For” for the fifth year in a row. Mattel also is ranked among Corporate Responsibility Magazine’s “100 Best Corporate Citizens.” With worldwide headquarters in El Segundo, California, Mattel employs approximately 28,000 people in 43 countries and territories and sells products in more than 150 nations. At Mattel, we are Creating the Future of Play. Visit us at www.mattel.com, www.facebook.com/mattel or www.twitter.com/mattel.
©2012 Mattel, Inc. All Rights Reserved.
Alva Emerging Fellowship Award
A new award is available which will provide cash grants for inventors under 30 who have shown potential to create innovative services or products which make an impact on the world.
From the Website
“Fellows will be identified through an application process in which young creators share their qualifications as idea executors and outline a specific proposal for a new product or service which they want to bring to market.
All Alva Emerging Fellowship winners will receive a $8,500 cash grant to be used in the creation of the proposed product, as well as 1 complimentary ticket to the 2012 99% Conference, a $1,500 travel stipend, and access to GE’s manufacturing expertise and educational resources.”
Find out more at http://the99percent.com/articles/7156/