Open Innovation

Calculating Award Amount

How do you decide the dollar amount to award?

  • How much is it worth if you get a solution to this challenge?

  • What is it worth to you if you can move your research past this bottleneck?

  • How much will your business earn if this is solved?

  • To attract the most experienced experts you need to offer a fair amount. Many Solvers have PhDs and years of experience.

  • Remember, the intellectual property is transferred to you.

SolverTeams was selected to find a better way to administer oral medications to children. The winning solution was an innovative drug delivery platform that moved the medication to the back of the mouth, thus avoiding the bad taste, smell, mouth feel and texture that could lead kids to refuse to take their meds. »

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