TekScout - The Open Innovation Network

December 14th, 2008 in Innovation platform, by Head Honcho

http://www.tekscout.com/

UTEK is a leading innovation services company. With over a decade of experience in helping companies find and license technologies under its belt, it is no wonder that they have come up with an idea of building a website that works as a tool to match companies with experts from all around the world. The model of networks and innovations was taken by UTEK to the next level. Thus, Tekscout was conceptualized.

TekScout is a crowdsourcing website that offers the service of matching companies with scientists and engineers from around the globe. It was launched in March 2008 and is pretty much on its road to being the “Facebook of scientists”.

This service is an option for companies seeking solutions out of their usual internal network. This is also a good venue for professionals with expertise to assist on these companies’ product development and at the same time earn success fees.

For TekScouts
Tekscouts are the companies or businesses looking for solutions to challenging R&D projects they face. Through TekScout these folks can leverage a global network of scientists and engineers to solve their most challenging R&D projects which reap benefits such as making the product development process faster, less expensive, and more efficient.

Posting a project on the site would require a posting fee. TekScout also earns through a “finder’s fee” when contracts are made between an expert and a company.

For TekExperts
TekExperts are the scientists, engineers or other professionals with expertise needed to solve a TekScout’s project. Completing a project would mean financial rewards for the experts.
For only $100 a year as subscription fee (or as low as $50 if you are a member of an affiliated operation) for the expert, you have access to project postings on the companies seeking your solutions.
Opportunities are in areas such as Life Science, Physical Science, Math/Computer Science, Chemistry, Engineering & Design, and Alternative Energy & Sustainable Products.

Current challenges include projects like “Efficiencies in Coal Shipments: We are looking for technologies that can reduce price/volume of coal shipping. Primarily focused on transportation from mine site to port.” Do you think you have the experiences to take on a project like this?

It’s high time for innovation and crowdsourcing. To wrap it up, TekScout can offer you the network of companies or experts you need to take the step further in research and development.