There are many types of people in the world and many types of problems that need solving. Since 2001, InnoCentive has helped global businesses, governments, public sector organisations and charities harness the power of a crowd. With over 500,000 Solvers tackling problems from facilitating access to clean water at a household level to passive solar devices designed to attract & kill malaria-carrying mosquitos InnoCentive has become the market leading Open Innovation organisation.
The idea for InnoCentive came to Alph Bingham and Aaron Schacht in 1998 while they worked together at the pharmaceutical giant Eli Lilly and Company. In 2005, InnoCentive was spun out of Eli Lilly.
In 2020, Wazoku acquired InnoCentive, which is now integrated with the Wazoku proposition creating a unique innovation at scale offering. Across over 2,500 innovation challenges, 200,000 innovations captured and over $60,000,000 in Innovation Awards we have proven that it is not always the most ‘elite’ or ‘educated’ or even ‘expert’ minds in a specific field that have the capacity to solve challenges. They can be solved, anywhere, by anyone, at any time.