A New way to CrowdSource?

If you are an Innovator you are probably aware that getting ideas is never an issue it’s the quality and the implementation which are.  I was recently looking through the App store and came across the iPhone App “Funded Apps” which allows you to submit your own app ideas, for £1.19 a pop, to the FundedApps creators who will analyse your idea before dumping it or creating it. If your idea is accepted they will pay £250 plus 25% of any net profit the app makes when it is published.

We have all used Innovation Tools before however is this the “lite” way forward for enterprises once they have a remuneration package in place (The £1.19 per suggestion may put people off but at least you attract serious ideas)

http://www.fundedapps.com/taf/

http://www.guardian.co.uk/money/2011/apr/15/fundedapps-consumer-app-of-week

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Author: Steve Wakefield

Steve Wakefield is an experienced Innovator presently based in London.

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