What is a Challenge
What is an Israel Living Lab Challenge?
A challenge allows organizations or individuals from around the globe (industry, startups, entrepreneurs, academia, governments) to address problems posed by others in an open innovation model. Participants have the opportunity to present solutions and receive prizes.
While similar to grants or calls for proposals, Israel Living Lab’s challenges have distinct characteristics. In grants and contracts, organizations receive proposals, select one, and provide payments. In a challenge, a judging committee evaluates proposed solutions in the form of pitches and selects the winner(s).
Unlike contracts that provide detailed specifications, challenges have narrower requirements. This allows participants to bring their creativity to present innovative solutions. Selected pitches do not need to implement a complete solution, but rather showcase the effectiveness of their proposal through a demonstration in a designated sandbox chosen by the challenge organizer (RFD or PoC).
See a challenge that you have the perfect solution for?
Landed on a challenge page with a problem you know how to fix?
Here's How to Apply !
01
Submit your proposal effortlessly through a user-friendly type form on the challenge page. No need for lengthy documents!
02
Israel Living Lab carefully curates and shares the more compelling proposals with the challenge organizers.
03
The most captivating submissions are chosen to present a pitch of their solution to a panel of handpicked judges.
04
Perform a sandbox demonstration and share the results of your proof of concept (POC) with the challenge organizers.
05
Get rewarded for your dedicated efforts and claim your well-deserved incentive!
New challenges are constantly being added so be sure to check regularly!
The Benefits of Participating in a Challenge Competition
- Win cash prizes!
- Get recognized and increase your visibility among challenge organizers and industry leaders! Discover new opportunities and boost your presence in the industry!
- Experience the power of real-world testing in a sandbox environment. Demonstrate your product, gather valuable feedback, and access crucial data for optimal performance.
- Identify comprehensive solutions andbusiness opportunities.
- Implementation/Scale up/Procurement/Investment opportunities after the challenge has concluded.