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InnoCentive and Lumina Foundation Launch Open Innovation Partnership to Increase Postsecondary Degree Attainment in America



  InnoCentive and Lumina Foundation Launch Open Innovation Partnership to
  Increase Postsecondary Degree Attainment in America

Business Wire

WALTHAM, Mass. -- March 25, 2013

InnoCentive, Inc., the global leader in open innovation, crowdsourcing, and
prize competitions, today announced collaboration with Lumina Foundation
designed to uncover new ways to catalyze systemic changes in higher education.
Working together, the two organizations hope to explore novel approaches so
millions of Americans can access and earn high quality college degrees,
certificates and credentials.

As part of this collaborative alliance, InnoCentive and Lumina have launched a
dedicated Pavilion located on InnoCentive.com which serves as the premier
online destination for open innovation Challenges focused on solving some of
the most pressing problems affecting postsecondary attainment in America. By
crowdsourcing these education problems to a global community of more than
285,000 diverse problem solvers, Lumina Foundation seeks to leverage
innovative new methods and harness the world’s creative talent to achieve its
goal of increasing postsecondary degree attainment in America.

“When it comes to education beyond high school, America is now being rapidly
outpaced by other countries around the world,” said Jamie Merisotis, president
and CEO of Lumina Foundation, the nation’s largest private foundation focused
on enrolling and graduating more students from college. “Our collaboration
with InnoCentive is about finding the truly innovative ideas that our country
needs to create a more affordable, equitable and accountable higher education
system.”

Many factors are contributing to the need to increase attainment, including
the increasing complexity of society, the growing role that information and
information technology play in people’s lives, and the fact that people from
different countries and cultures live and work together more than ever. The
U.S.—like the rest of the world—is becoming a knowledge society, not just a
knowledge economy.

Coinciding with the launch of the Lumina Foundation Open Innovation Pavilion,
two new Challenges are now posted, each with a total award value of $10,000.
As Ideation Challenges, prizes will be awarded for the best and most
innovative solution submission(s) as determined by Lumina Foundation. A third
Challenge, with a $100,000 award and launched late last year by Lumina, will
also be posted to the new Pavilion. Although Lumina’s Challenges focus on
education in America, all problem solvers from around the world are encouraged
and eligible to participate and apply their unique perspective:

Challenge #1
The “Correlations to Determine the Complete Impact of Post-Secondary
Education” Challenge seeks proposals for novel and unexpected correlations
between postsecondary education and outcomes with a clear economic impact.

Challenge #2
The “Visualizing the Impact of Significant Increases in Post-Secondary
Education” Challenge seeks compelling visual presentations of the impact of
significantly increasing post-secondary education by taking advantage of the
wealth of information and studies published in this area.

Challenge #3
The “Design of Student-centric Websites for Open-Enrollment Colleges and
Institutions” Challenge seeks fully coded examples of a front-end user
interface for deployment by community colleges. The key requirement is that
the interface should be organized and presented in a way that focuses on
meeting the information needs of students, particularly those who are
exploring a range of avenues of study.

“Our collaboration with Lumina Foundation to support its goal of increasing
higher education attainment in the America is perfectly aligned to
InnoCentive’s mission to unleash the world’s creative capacity to solve
important problems that matter to society,” said Alph Bingham, Co-Founder and
Board Member of InnoCentive. “Through the new Pavilion and Challenges, we have
no doubt that our creative Solvers from around the world will put forth
innovative solutions in pursuit of Lumina’s noble goal.”

Additional information about Lumina Foundation, the Pavilion and Challenges,
as well as advice to solvers, can be found on InnoCentive’s Seeker Spotlight
blog which features a new post by Lumina’s Vice President of Communications
and Innovation Kiko Suarez.

About Lumina Foundation

Lumina Foundation is an independent, private foundation committed to
increasing the proportion of Americans with high-quality degrees, certificates
and other credentials to 60 percent by 2025. Lumina’s outcomes-based approach
focuses on helping to design and build an accessible, responsive and
accountable higher education system while fostering a national sense of
urgency for action to achieve Goal 2025.

About InnoCentive

InnoCentive is the global leader in crowdsourcing innovation problems to the
world’s smartest people who compete to provide ideas and solutions to
important business, social, policy, scientific, and technical challenges. Our
global network of millions of problem solvers, proven challenge methodology,
and cloud-based technology combine to help our clients transform their
economics of innovation through rapid solution delivery and the development of
sustainable open innovation programs. For more than a decade, leading
organizations such as AARP Foundation, Air Force Research Labs, Booz Allen
Hamilton, Cleveland Clinic, Eli Lilly & Company, EMC Corporation, NASA, Nature
Publishing Group, Procter & Gamble, Scientific American, Syngenta, The
Economist, Thomson Reuters, and the U.S. EPA have partnered with InnoCentive
to rapidly generate innovative new ideas and solve problems faster, more cost
effectively, and with less risk than ever before. For more information, visit
www.innocentive.com, email info@innocentive.com, or call 1-855-CROWDNOW (U.S.)
or +44 (0) 207 935 0827 (International).

Contact:

Lumina Foundation
Lucia Anderson, 317-951-5316
landerson@luminafoundation.org
or
InnoCentive, Inc.
Steve Bonadio, 978-482-3300
press@innocentive.com
or
Schwartz MSL for InnoCentive
Kiley Nichols, 415-512-0770
innocentive@schwartzmsl.com
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