Top 10 Innovation Competitions

In modern societies everyone is enabled to create the next big thing. Innovation competitions encourage independent experts from various industries to take a part in managing innovation challenges. By definition, innovation competition is an attempt by independent agents to solve an innovation challenge of a certain company.

The list of Top 10 Innovation Competitions was created based on the following criteria.

The Innovation Competition must:

  1. Have more impactful and powerful outcome/solution, than an output of product development process for corporate clients;
  2. Request for breakthrough and disruptive innovations, while incremental innovation might come as an additional option;
  3. Apply crowdsourcing practices;
  4. Have well-established mentorship and leadership program;
  5. Be regionally or globally acknowledged and authoritative competition.


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The list of the Top 10 Innovation Competitions

> Challenge Discovery Program. Innocentive
> Creative Business Cup. CBC Denmark
> Hult Prize. Hult Prize Foundation
> Imagine Cup Innovation Competition. Microsoft Imagine
> Innovation & Entrepreneurship International Competition. Shenzhen Government, China
> Innovation Prize for Africa. African Innovation Foundation (AIF)
> Intel Science Talent Search. Intel STS 
> IXL Innovation Olympics. IXL Center and GIM Institute
> The Innovation Challenge. Skild Inc.
> The Qualcomm Tricorder. XPRIZE

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GIMI’s Model is fully aligned with the innovation intent of 56002. GIMI’s Model provides many tools, methods, processes, and planning steps that go beyond ISO 56002 guidance. Therefore, GIMI is an ISO+ organization.