Philoptima

About Philoptima™ llc

Philoptima is an open innovation philanthropy™ that helps grant makers, funders, donors, philanthropists, and seekers 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 accomplish this mission by using an affordable system of Open Prizes to attract a large pool of talent to encourage competitive ideas over a secure online platform. We also provide a way for prize makers to hear from non-profit organizations proposing to implement well-researched winning solutions.

Problem-Solution-Prizes :

In the first of two stages, the site connects grant makers, donors, and philanthropists, known as "Prize-makers", to affordable best-practice research in various disciplines using a system of competitive "problem-solution-prizes" and a mass collaboration community of researchers, consultants, and experts, with specialized skills in the general disciplines of health, education, public safety, governmental oversight, and the environment.

In the second stage, the site connects prize-winning solutions chosen by the donor or private foundation (created in the first phase) to nonprofit organizations proximal to targeted communities that propose implementation plans in return for an additional cash prize. Nonprofits may also suggest unfunded problem statements for Prize-makers to consider for funding.

We Believe :

  • People of wealth want to improve the common good.
  • Solutions exist to almost any community problem.
  • Local nonprofits know the solutions that will work in their community.

Philoptima User Types :

Prize Makers : Constitutes grant makers, donors, foundations, corporations, and philanthropists, who sponsor Design or Implementation Prizes. Philoptima's problem definers helps prize makers to frame challenges as "Open Prizes" and then opens up for Faculty Members to solve them. Create Prize maker account

Researchers : All consultants who are Philoptima Faculty members is termed as researcher. Faculty Members can propose solutions to the Open Design Prizes funded by Prize Makers and be paid an Award for submitting a winning solution. Philoptima also provides a consultancy service to its faculty members to explain the terms of the projects as well as why submitted solutions may be deficient. It provides the logistic and legal framework for maintaining their control over the intellectual property until its sale to the prize maker company. All communication and submitted solutions remain confidential. Create researcher account

Non-profits : These are nonprofit organizations who submit Implementation Plans in response to Open Implementation. Non-profits can also submit Un-funded Design Prizes for Prize Makers to consider adopting and funding by donation to a Philoptima subsidiary non-profit corporation. Create nonprofit account

General Users : These are registered users of the Philoptima website who can participate in open philanthropy buzz, buy books and publications, get regular news, prize alerts, announcements, and updates from the site. But they are not eligible to attempt an open prize unless they achieve the researcher status and become a member of Philoptima faculty.. Create general member account

By joining the open innovation revolution and tapping into the power of crowdsourcing, your organisation not only expands its research and development capacity, but also reduces cost, risk and research failure and improves the community.


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Philoptima