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Prize Maker
Philoptima helps grant makers, funders, donors, philanthropists, and foundations (collectively termed as Prize Makers) to access the latest applied research and interventional best-methods as they work to solve community challenges in education, health, public safety, foundation management, governmental oversight, and the environment. We use this mass collaboration to confront community challenges exclusively. Our Open Innovation Philanthropy system of " problem > prize > solution " incentives uses a secure online platform to get help designing well-researched solutions for Prize-Makers. To accomplish this, Philoptima connects Prize-Makers to researchers, consultants, and experts in over 300 categories. Prize-Makers can also use a second, optional, phase to seek nonprofit organizations interested in implementing well-designed solutions to community challenges created in the first phase.
Researchers, consultants, and experts can apply to join the Philoptima Faculty and, if accepted, they may compete for "Design Prizes" by proposing solutions to community challenges posted by Prize-Makers. In a second phase, Nonprofits can compete for "Implementation Prizes" by submitting plans to carry out previously designed solutions in their communities.
Prizes attract researchers. The larger the prize funding, the more attention it gets.
Steps in Prize Maker Joining
Review and accept the Prize-Maker Agreement. It may appear a little complex, but the Prize-Maker Agreement forms the basis for protecting the intellectual property rights of researchers, consultants, and experts who will submit solutions to posted community challenges. With the assurances in this Agreement, the whole idea of online collaboration and innovation to solve community challenges can function.
Complete our simple contact information form and apply to become a Prize-Maker. We carefully vet every application and we may seek a variety of ways to verify your capacity to become a successful Prize-Maker. Once approved as a Prize-Maker, you can immediately access our Open Innovation Philanthropy™ system and tap into the world of interventional design and implementation to help you effectively confront community challenges.
Our team of experienced researchers has designed a single form to guide you through how to describe your community challenge. You can also attach a PDF file to further describe the problem you are confronting knowing that your identity and your submission are confidential. If accepted, only your brief problem abstract will be widely viewed and to see more details, users must become members of the Philoptima Faculty if they are to provide you with suggested.
The last step is to set the deadline for your prize. Complex community challenges should be given longer deadlines for researchers to work under and simpler problems can be given shorter deadlines. After setting the deadline, you pay for your prize and we go to work finding you solutions. Qualified Prize-Makers can even pay us later and post their prize right away.
To summarize, you describe your community challenge, set the deadline for responses, set the amount of the prize and deposit your prize with us and we post your challenge on the Philoptima website. If you don't like any of our solutions, you pay us nothing. .
Welcome to Open Innovation Philanthropy™ and the power of great ideas.
