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InnoCentive(R) Announces Early Adopter Program for Organizations who Leverage the Expanded Expertise of the InnoCentive Solver Community.


Early Adopters posting Challenges in new InnoCentive InnoCentive is an "open innovation" company that takes research and development problems in biology or chemistry, frames them as "challenge problems", and opens them up for anyone to solve them.  domains will receive significant economic incentives

ANDOVER Andover (ăn`dōvər), town (1990 pop. 29,151), Essex co., NE Mass.; inc. 1646. Chiefly a textile producer in the 19th cent., Andover now makes toiletries, electronic and computer equipment, chemicals, medical instruments, rubber products, , Mass. -- InnoCentive, Inc. (www.innocentive.com) today announced the InnoCentive Early Adopter Program (EAP (Extensible Authentication Protocol) A protocol that acts as a framework and transport for other authentication protocols. EAP uses its own start and end messages, but then carries any number of third-party messages between the client (supplicant) and access control ). The program is designed for innovative corporations, government agencies and not-for-profit Not-for-profit

An organization established for charitable, humanitarian, or educational purposes that is exempt from some taxes and in which no one in profits or losses.
 organizations - known as InnoCentive Seekers - eager to embrace InnoCentive's prize-based Open Innovation Marketplace. Building on last week's announcement of four new domains - Physical Sciences; Engineering & Design; Mathematics & Computer Science; and Business & Entrepreneurship en·tre·pre·neur  
n.
A person who organizes, operates, and assumes the risk for a business venture.



[French, from Old French, from entreprendre, to undertake; see enterprise.
 - EAP provides exclusive benefits to a limited number of new Seeker clients that join InnoCentive and post InnoCentive Challenges[TM] in any of the new domains.

Benefits for EAP Seekers include:

* Special introductory pricing

* Additional hours of InnoCentive Challenge development consulting

* Exclusive Challenge promotion to the InnoCentive Solver community

"We have put together an enticing program with significant economic incentives for new Seeker clients who are among the first to post InnoCentive Challenges in our new domains. Early Adopters will have inexpensive access to our expanded Solver network - creative minds and problem solvers eager to provide solutions to Seekers' scientific and business problems." said Tom Venable, InnoCentive Executive Vice President of Sales and Marketing. "The Early Adopter Program is only open through the end of October and is available to a limited number of qualified Seeker organizations. Those interested in joining InnoCentive must act quickly."

EAP is designed for organizations with challenges that go beyond the traditional InnoCentive domains of Life Sciences and Chemistry. The program is targeted at a diverse range of industries including high technology, consumer electronics, energy, climate change and biotech bi·o·tech  
n. Informal
Biotechnology.


biotech
Noun

short for biotechnology

Noun 1.
. Interested organizations can contact InnoCentive Sales by calling 978.482.3300 or sending an e-mail to sales@innocentive.com.

About InnoCentive

InnoCentive built the first online Open Innovation Marketplace, and is the global leader in prize-based Open Innovation sourcing, enabling scientists, engineers, professionals and entrepreneurs to collaborate in a global community to deliver breakthrough solutions for R&D-driven organizations. InnoCentive's clients include commercial, government and non-profit organizations A non-profit organization (abbreviated "NPO", also "non-profit" or "not-for-profit") is a legally constituted organization whose primary objective is to support or to actively engage in activities of public or private interest without any commercial or monetary profit purposes.  such as Eli Lilly and Company Eli Lilly and Company (NYSE: LLY) is a global pharmaceutical company and one of the world's largest corporations. Eli Lilly's global headquarters is located in Indianapolis, Indiana, in the United States. , Janssen, Solvay, GlobalGiving and The Rockefeller Foundation Rockefeller Foundation, philanthropic institution established (1913) by John D. Rockefeller, Sr., to promote "the well-being of mankind throughout the world." During its first 14 years the foundation received $183 million from Rockefeller. . InnoCentive Seeker customers, who collectively spend billions of dollars on R&D, submit complex problems on the InnoCentive web site where more than 125,000 engineers, scientists, inventors, business people, and research organizations in more than 175 countries are invited to solve them. Solvers who deliver the most innovative solutions receive financial awards ranging up to US$1,000,000. To learn more visit the InnoCentive Web site at www.innocentive.com.

InnoCentive and InnoCentive Challenge are registered trademarks of InnoCentive, Inc. Other product or service names mentioned herein are the trademarks of their respective owners.
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved.

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Publication:Business Wire
Date:Sep 27, 2007
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