LIFTed Prize 2017 – Innovation in Postsecondary Learning

AWARD:  $50,000 USD
DEADLINE: Apr 02 2017 23:59 EDT
ACTIVE SOLVERS: 318
POSTED: Feb 06 2017
SOURCE: InnoCentive

Postsecondary learning is increasingly acknowledged as essential for realizing the American dream as more and more opportunities are geared toward highly skilled workers. To close the national talent gap, Lumina Foundation is working towards an equitable, accessible, responsive, and accountable higher education system to increase the proportion of Americans with high-quality degrees, certificates, and other credentials to 60 percent by 2025. 

This Challenge requires organizations to submit a completed Application Form, outlining how their entity has a positive impact upon postsecondary attainment in the United States, or how they could transfer their current model to help reach Goal 2025. Entries will be narrowed down to three finalists, who will be invited to a live pitching event at the Inaugural LIFTed Convening from May 11-12, 2017 in Indianapolis, IN. Beyond the award, this prize competition  offers an opportunity for visibility and networking with industry leaders.

This Challenge requires the submission of a completed Application Form.

ALERT: New deadline is 11:59 PM (US Eastern Time) on April 2, 2017.

Challenge ID: 9933973
 
Team Project Rooms are available on this Challenge. Team Share Challenge Share
Challenge Overview

To reach Goal 2025 and to meet our nation’s growing need for talent, the United States must boost postsecondary attainment with over 16 million additional high-quality degrees, certificates, or other credentials. Therefore, Lumina Foundation is searching for innovations that have demonstrated results for increasing U.S. postsecondary learning. This Challenge seeks to showcase these organizations, identify ones that could be efficiently scaled, and establish their suitability for strategic social investment. The Challenge encourages proposals from parallel industries or international solutions provided that they can be transferred to the American system.

(Updated judging timeline on February 16, 2017)

This is a Showcase Challenge, which has the following unique features:

  • Solvers are required to download the Application Form located in the Challenge Attachments section (right hand side of this page) and to submit a complete version. Only completed Application Forms will be considered for awards; supporting documents are optional and may be included with the submission.
  • There is a guaranteed award of $50,000.  Preliminary evaluation of the submissions will be conducted by a judging panel. Solvers will know by April 17th whether they are a semi-finalist and must be available for an interview on April 21st. The three finalists will be notified on the same date and can begin making travel arrangements accordingly. Three finalists will be asked to present their ideas to high-profile thought leaders at the Inaugural LIFTed Convening in Indianapolis, IN (May 11-12, 2017). Two awards will be made: $25,000 will be awarded by the live event panel of judges and $25,000 will be decided through ‘crowd voting’. A single entity could potentially win both awards. Each finalist will receive a stipend (covering the costs of travel, accommodations, and attendance at the event). The award winner(s) may be considered for further investment by Lumina Impact Ventures.
  • To receive an award, Solvers will not have to transfer, or license, their exclusive intellectual property (IP) rights to the Seeker. However, by entering, you agree that the Seeker and its licensees, successors, and assigns have the right to use the names, likenesses, voice, and images of all persons listed in your submissions for future advertising, promotion, and publicity in any manner and in any medium now known or hereafter devised throughout the world in perpetuity.

Submissions to this Challenge must be received by 11:59 PM (US Eastern Time) on Sunday, April 2, 2017. 

Late submissions will not be considered.

Receipt of an award is contingent upon successful completion of the InnoCentive verification process and finalists must present at the event to be considered for either award.

ABOUT THE SEEKER

Lumina Foundation is committed to a fair, universal system for learning that meets the nation’s talent needs. The system must offer every American the chance for a better life by recognizing learning however it occurs. And this learning should lead to a broad range of marketable credentials. More information about Lumina Foundation is available at www.luminafoundation.org/

What is InnoCentive?

InnoCentive is the global innovation marketplace where creative minds solve some of the world's most important problems for cash awards up to $1 million. Commercial, governmental and humanitarian organizations engage with InnoCentive to solve problems that can impact humankind in areas ranging from the environment to medical advancements.

What is an InnoCentive Ideation™ Challenge?

An InnoCentive Ideation™ Challenge is a broad question formulated to obtain access to new ideas, similar to a global brainstorm for producing a breakthrough idea or market survey which may include ideas for a new product line, a new commercial application for a current product, or even a viral marketing idea to recruit new customers. Ideation™ Challenge submissions are typically about two written pages, and Seekers receive a non-exclusive, perpetual license to use all submissions.

In an Ideation™ Challenge, Solvers may:

  • Submit ideas of their own
  • Submit third party information that they have the right to use and further the authority to convey that right and the right to use and develop derivative works to Seekers
  • Submit information considered in the public domain without any limitations on use

Solvers should not reveal any confidential information in their submissions. Often the Ideation™ Challenge will be followed by one or more of the other three Challenge types to further develop the ideas and gain Intellectual Property protection when the concept has been well-defined.

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