Solve a Company’s Problems, Win Cash

We’ve seen it before: companies turning to the general public to mine ideas for solutions to internal problems. Now there’s a central location for companies to solicit creative ideas from anyone with an Internet connection: Innocentive.com. The site lets “seekers” (i.e., private companies, government agencies, and nonprofits) solicit help from average Joes on issues from product development to engineering and design. At stake, of course, is cash: if your idea is accepted and implemented by a company, you could win up to $1 million.

(Hat tip: Alon Nir)