INNOVATION QUEST
Innovation Quest provides an exciting opportunity to dive into real-world challenges. Participants will work with problem statements provided by major corporations, addressing pressing industry issues. These problem statements are designed to ignite creativity, encourage collaboration, and develop critical thinking skills.
Sector
Productivity
TECHNOLOGY
Software
DIRECT ENVIRONMENTAL & SOCIAL IMPACT CONTRIBUTION
Yes
PROJECT NAME
TimeDonor Project - A Digital Timebank Software
TimeDonor is a simple web plugin designed to help volunteer-based teams and organizations manage time credits transparently and efficiently. Whether you’re a facilitator, donor, or contributor dedicating valuable time to a meaningful mission, TimeDonor ensures streamlined coordination. The platform also features an activity badge system, enabling facilitators and donors to award and recognize contributors for their time, effort, and dedication.
Volunteer-based teams and organizations often face challenges in managing, tracking, and recognizing contributors’ efforts. Current systems lack transparency and efficiency, making it difficult to coordinate time credits and foster motivation among contributors. In the modern era of collaborative work, there is a growing need for tools that support transparent and streamlined time management.
Problem
Facilitators, donors, and contributors encounter the following issues:
  • Lack of a centralized system to track and manage time credits effectively.
  • Limited recognition and rewards for contributors, leading to potential disengagement.
  • Inefficient coordination among team members and donors, resulting in missed opportunities for collaboration.
  • Difficulty in demonstrating contributors’ impact and efforts to stakeholders.
TimeDonor is a digital timebanking platform designed as a simple web plugin that enables:
  • Transparent management of time credits for volunteer-based teams.
  • Streamlined coordination between facilitators, donors, and contributors.
  • An activity badge system to recognize and reward contributors for their time, effort, and dedication.
  • Easy integration with existing workflows to encourage adoption.
Delivering a comprehensive solution will include:
  • A fully functional web plugin that tracks time credits.
  • An intuitive dashboard for facilitators and contributors to monitor time contributions.
  • An activity badge system to award contributors.
  • Documentation and guidelines for implementation and use.
Impact:
  • Increases transparency and accountability in volunteer projects.
  • Improves contributor engagement and motivation through recognition.
  • Enhances collaboration and efficiency for volunteer-based organizations.
Use Cases:
  • Non-profits managing large-scale volunteer efforts.
  • Community projects with diverse contributors.
  • Organizations running timebanking initiatives to track mutual aid contributions
Ideation & Early Market Validation Output
  • Feedback from Volunteer Organizations: Initial feedback indicates a strong need for transparent and user-friendly timebanking systems.
  • Prototyping and Testing: Early prototypes have shown ease of adoption and positive reception due to the simplicity of the plugin design.
  • Market Potential: The platform appeals to non-profits, NGOs, and grassroots initiatives looking for accessible tools to manage time contributions effectively.
TECHNOLOGY
Software
DIRECT ENVIRONMENTAL & SOCIAL IMPACT CONTRIBUTION
Yes
PROJECT NAME
GreenTrail Project - Ecotourism Off-road Trail Mapping & Ecotourism Application
GreenTrail is a community-driven initiative for mapping off-road trails, designed to support ecotourism, eco-conservation, and eco-education activities. Created for nature enthusiasts, GreenTrail offers the most up-to-date and highly accurate digital maps of off-road trails. It empowers off-roaders—including hikers, campers, explorers, and national park rangers—to navigate with ease and place interactive flags and edu-content along the trails while experiencing nature firsthand.
GreenTrail is a community-driven initiative aimed at addressing the growing need for accurate and interactive off-road trail mapping. With the rise in ecotourism, eco-conservation, and eco-education, there is an increasing demand for tools that enhance outdoor experiences while promoting sustainable interaction with nature. Current mapping tools often lack the specificity and interactivity required for off-road trails, leaving gaps in usability for hikers, campers, explorers, and national park rangers.
Problem
Problems identified are:
  • Lack of Accurate and Interactive Trail Maps: Existing solutions are either outdated, inaccurate, or lack interactivity tailored to off-road and eco-tourism needs.
  • Limited Support for Eco-conservation and Eco-education: Few tools integrate features to support conservation activities and provide on-the-spot educational content for users.
  • Navigation Challenges: Off-roaders face difficulties navigating trails safely and efficiently due to unreliable or incomplete information.
  • Missed Engagement Opportunities: Current tools fail to provide interactive features, such as flagging points of interest, hazards, or educational content, which could enhance the user experience.
GreenTrail offers a community-driven platform for creating up-to-date, highly accurate digital maps for off-road trails. The platform allows users to:
  • Navigate trails with ease: Use intuitive and detailed maps.
  • Place interactive flags: Highlight points of interest, eco-conservation tips, or hazards.
  • Access and contribute eco-educational content: Engage directly with educational material along the trails.
  • Collaborate with others: Work with conservationists, rangers, and eco-tourists to maintain and improve trail data.
Delivering a comprehensive solution will include:
  • Digital mapping application: Provides GPS-based, interactive off-road trail maps.
  • Interactive features: Allows users to place flags, view educational content, and record trail updates.
  • Contributor platform: Facilitates community engagement and crowdsourced updates.
  • Data visualization tools: Supports eco-conservation and trail maintenance efforts.
The proposed solution will:
  • Enhanced navigation and safety: Provides better trail navigation for off-road enthusiasts.
  • Increased eco-conservation participation: Encourages greater awareness and involvement in conservation efforts.
  • Improved eco-education experiences: Offers engaging learning opportunities for users of all ages.
  • Strengthened collaboration: Brings together eco-tourism stakeholders for better trail and resource management.
Use Cases:
  • Hikers: Use GreenTrail to find and follow safe, detailed trails.
  • National park rangers: Update trail conditions and highlight conservation areas.
  • Educators: Design eco-learning activities using the app’s interactive features.
  • Nature enthusiasts: Identify and flag biodiversity hotspots or hazards.
Ideation & Early Market Validation Output
  • Ideation: Initial brainstorming has identified a unique combination of features, including interactive flags, crowdsourced updates, and eco-education integration, that differentiate GreenTrail from existing solutions.
  • Early Market Validation: Surveys and interviews with hikers, campers, and rangers indicate strong demand for an intuitive, interactive trail mapping tool. Feedback has emphasized the need for:
  • Accurate and regularly updated trail data.
  • Simple, user-friendly interfaces for placing and accessing interactive content.
  • Opportunities for users to contribute and collaborate on trail conservation.
TECHNOLOGY
Software
DIRECT ENVIRONMENTAL & SOCIAL IMPACT CONTRIBUTION
Yes
PROJECT NAME
RewriteInsure Project - New Actuarial/Insurance Model
The richer and cleaner the biometric data, the more accurate and consistent lifestyle and medical assessments become, leading to lower premiums and higher coverage amounts. The system aims to incentivize healthy lifestyles and good habits, helping individuals reduce medical care costs—both out-of-pocket expenses and insurance claims—while minimizing the need for intrusive medical procedures.
RewriteInsure introduces a new actuarial and insurance model leveraging rich and clean biometric data. By integrating advanced lifestyle and medical assessments, the project aims to provide more accurate and consistent insurance evaluations. This modern approach seeks to align incentives for healthy lifestyles with reduced medical care costs and improved insurance coverage, transforming how individuals interact with their health and insurance.
Problem
Problems identified are:
  • Inaccurate lifestyle and medical assessments: Traditional insurance models rely on outdated, inconsistent, or incomplete health data, resulting in generic risk evaluations and higher premiums.
  • Misaligned incentives for healthy living: Current insurance systems fail to actively encourage or reward individuals for adopting healthier lifestyles.
  • High medical costs: Individuals face rising medical expenses due to insufficient preventive measures incentivized by insurance.
  • Intrusive medical procedures: Many assessment systems require invasive or inconvenient methods, discouraging regular health evaluations.
RewriteInsure leverages clean, rich biometric data to enable a modern actuarial and insurance system that:
  • Delivers more accurate and consistent lifestyle and medical assessments, improving premium and coverage evaluations.
  • Encourages healthy habits by providing lower premiums and higher coverage for individuals adopting proactive health measures.
  • Reduces the need for intrusive medical procedures through non-invasive, technology-driven health monitoring systems.
  • Incentivizes lifestyle improvements by integrating biometrics into real-time insurance adjustments and rewards.
Delivering a comprehensive solution will include:
  • A data-driven actuarial model integrating biometric data for lifestyle and health assessments.
  • User-friendly tools and apps for monitoring and reporting health metrics.
  • Systems for real-time premium adjustments based on health data and lifestyle behaviors.
  • Education and support programs to help users adopt and maintain healthier lifestyles.
  • Analytical dashboards for insurers to track trends, risks, and performance.
The proposed solution will:
  • Enhanced personalization of insurance products, offering fairer premiums and increased coverage.
  • Encouragement of healthier populations, leading to reduced healthcare system burdens.
  • Lower overall medical costs for users through preventive measures and better habits.
  • Improved user experience with non-intrusive data collection and continuous engagement.
Ideation & Early Market Validation Output
  • Ideation: Initial brainstorming has highlighted the unique intersection of biometric data, personalized insurance, and non-intrusive health tracking. The model aligns user incentives with industry goals for accuracy and efficiency.
  • Early Market Validation: Surveys and discussions with users and insurers reveal high interest in:
  • Lower insurance premiums tied to proactive health measures.
  • Seamless, real-time integration of biometric data without invasive procedures.
  • Transparent and tailored insurance offerings.
TECHNOLOGY
Acturial/Software
DIRECT ENVIRONMENTAL & SOCIAL IMPACT CONTRIBUTION
Yes
PROJECT NAME
GreenWallet Project - Royalty & Reward Management System for Responsible Consumerism
With the rise of the “woke” economy and responsible consumerism, GreenWallet empowers eco-conscious individuals and pre-loved shoppers through cash-value credit rewards called “Sprout.” It also supports small businesses, such as thrift shops, with a royalty system while crowdfunding carbon offset projects. Together, we enable everyone to proudly contribute to a movement that preserves and conserves nature, rewarding environmentally friendly actions with love and sustainability in return.
The rise of the “woke” economy and responsible consumerism has created a demand for platforms that reward eco-friendly behaviors while supporting sustainability-driven businesses. GreenWallet addresses this need by creating a royalty and reward management system. It introduces Sprout, a cash-value credit system, to incentivize eco-conscious individuals and small businesses to take meaningful actions toward environmental preservation. The platform also integrates crowdfunding for carbon offset projects, amplifying its impact on sustainability efforts.
Problem
Problems identified are:
  • Limited incentives for responsible consumerism: Despite growing awareness, there are few systems that provide tangible rewards for eco-conscious behavior.
  • Challenges for small businesses: Eco-friendly small businesses, like thrift shops, often lack robust tools to engage customers and generate consistent revenue.
  • Carbon offset funding gaps: Many impactful carbon offset projects lack adequate funding due to limited public awareness or accessible crowdfunding channels.
  • Disconnected efforts in sustainability: Current solutions often fail to align consumers, businesses, and environmental initiatives under a cohesive and rewarding system.
GreenWallet introduces an innovative Royalty & Reward Management System that:
  • Supports small businesses (e.g., thrift shops) by integrating a royalty system to drive customer engagement and loyalty.
  • Crowdfunds carbon offset projects directly through the platform, enabling users to contribute to environmental preservation.
  • Fosters a unified movement by connecting consumers, businesses, and eco-projects in a way that is simple, rewarding, and impactful.
Delivering a comprehensive solution will include:
  • A digital wallet system for tracking and redeeming Sprout credits.
  • Tools for small businesses to manage royalties and rewards, enhancing customer loyalty.
  • A crowdfunding platform for users to support carbon offset projects directly.
  • Integrated features for monitoring and reporting environmental impact, empowering users to see their contributions.
  • A community-building aspect that promotes education and collaboration around sustainability goals.
Impact:
  • Encourages widespread adoption of responsible consumer habits by providing tangible rewards.
  • Drives growth for eco-friendly small businesses through royalties and customer loyalty.
  • Mobilizes funding for critical carbon offset projects, contributing to climate action.
  • Builds a community focused on preserving nature while promoting economic sustainability.
Use Cases:
  • Eco-conscious individuals earn Sprout credits by shopping pre-loved or choosing sustainable products, redeemable for future purchases or donations.
  • Thrift shops use GreenWallet to incentivize repeat customers while benefiting from a transparent royalty system.
  • Environmental groups partner with GreenWallet to crowdfund carbon offset projects, engaging users to fund tree planting or renewable energy initiatives.
  • Consumers track their contributions to sustainability through an impact dashboard, fostering a sense of pride and ownership in their actions.
Ideation & Early Market Validation Output
  • Ideation: Initial discussions highlighted the strong appeal of linking rewards to eco-conscious actions and enabling small businesses to thrive in the sustainability space. The integration of royalties and crowdfunding sets the system apart.
  • Early Market Validation: Focus groups and surveys with pre-loved shoppers, small business owners, and environmental advocates confirm demand for:
  • Tangible rewards for eco-conscious behavior.
  • A transparent and user-friendly reward and royalty system.
  • Crowdfunding opportunities that directly support impactful environmental projects.