Got an idea that you think could help businesses improve their environmental performance? If so, the recently launched GeoVation Challenge ought to be right up your street. GeoVation is an initiative which is funded and managed by Ordnance Survey and is all about encouraging open innovation to address communities’ needs. A core element of the initiative is the running of specific challenges where the most innovative ideas and solutions for problems are sought out and then developed. This latest challenge sees an open call for entrepreneurs, innovators, developers and community groups to come up with ideas which can in some way help British business improve their environmental performance.
All ideas submitted must be innovative in the sense that they would make a real difference to this ‘social problem’ and all solutions must implement geography, technology and design.
Interested in applying? The application process itself starts with the submitting your idea on the GeoVation Challenge site. The best ideas will then be selected and entrants will be invited to take part in a GeoVation Camp weekend in June where the building of the idea and the creation of a prototype can commence properly. As part of the weekend, entrants will also be asked to pitch their ideas to an independent judging panel. After that, the most innovative ideas will be selected and these winners will receive a share of the £100,000 prize fund.
It’s often said that the best business ideas are those that solve a problem in some shape or form and that’s certainly the thinking behind this initiative. If you think you’ve got just the solution for this latest GeoVation Challenge, you can apply via the website until 1 May 2013. Best of luck to those of you who do! If you like what you see here on Startacus and want to get involved yourself, why not become a member of our growing community by joining for free here!