The MicroPact Innovation Challenge

This contest is over.
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The MicroPact Innovation Challenge Deadline: 2012-12-31
Award: Up to 20% of software license revenue

An Opportunity for Innovative Thinkers

The Innovation Challenge Program is an opportunity for innovators to propose new business applications to be built on the MicroPact entellitrak platform.

Every quarter, MicroPact will select one or more of the most compelling ideas, and bring those products to market. MicroPact seeks to engage and support the community of innovation on the Web, and provide the resources necessary to bring the best new ideas to market.

A Business Opportunity for You

First and foremost, this is a business opportunity for you. If your idea is selected, MicroPact will build the product or system you have described and take it to market. You can earn up to 20% of all software license revenue associated with the concept. If your idea is strong, that could add up to a valuable stream of royalties over the life of the product.

Quarterly finalists will receive $500 in cash in recognition of their contribution to the program.

Even if your idea is not selected as a finalist, there are many ways you can benefit from participation.

Network and interact with a large community of innovative thinkers.

Earn public recognition for your innovative thinking. MicroPact will profile and spotlight many program participants on the MicroPact blog over the course of the program.

Learn more about topics like business process management, case management and more.

Gain direct access to the executive team at MicroPact. Your ideas will be personally reviewed by MicroPact CEO Kris Collo and MicroPact CTO Mike Cerniglia as well as other members of the management team.

All You Need is an Idea

As the innovator, all you have to do is generate an idea. You don’t need to know a lot about our software. You don’t have to write code, create detailed specifications or write a business plan. We’ll handle all of the work, and all of the details. The only thing you need is an idea. What constitutes an idea?

A description of the business challenge – What problem or need does your idea address?

A description of the solution utilizing the entellitrak Unified BPM platform – How does your idea, your system solve the problem?

An estimate of the market potential – How many people have this problem? If we build the system you propose, how large is the universe of companies or individuals that might be willing to buy it? The bigger the market potential, the more likely it is that your idea will be selected AND the bigger those royalty checks could be.


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