Six ventures will compete in the Global Impact Award finals on Monday, October 23rd. Up to $50,000 will be awarded to one or more ventures.
Since the announcement of the 2017 finalists in April, all finalists have been paired up with industry mentors and have been polishing their pitches and Opportunity Summaries. Each week leading up to the finals in October, we will introduce one finalist team individually. Check back each week for a new profile!
This week is all about…
Inventr:
Industry: IT/Tech
Total Number of Employees: 2
When They Formed: May 2017
Total Funding (as of September 2017): N/A
What problem are you solving?
Submitting and evaluating an idea at a company or organization is difficult, time consuming, and costly. It leads to disengaged employees, wasted legal hours, and poor management visibility.
How do you solve the problem?
Inventr is a web/mobile app that empowers intrapreneurs within a company to drive innovation. We provide an engaging platform (gamified/A.I. driven) for employees to submit ideas with real-time patentability scoring and rewards, and assist legal and management teams with auto-generated disclosure forms and visibility for data driven strategic decisions.
About the Founding Team:
Manu Stephen
Founder and CEO
Manu received a Master’s Degree in Mechanical Engineering in 2013 from Washington University in St. Louis.
What is your favorite part about being an entrepreneur?
Manu Stephen (MS): Every single day has the potential to be a game changer and the only ceilings are the ones you set.
What is the most challenging part about being an entrepreneur?
MS: While the highs are blissfully high, the lows can get quite low. Realizing that this is something every successful entrepreneur has experienced makes it much easier to overcome.
What is your #1 tip for building a strong team?
MS: Find those who are as excited and passionate about the mission as much as you are.
What is your must-read book?
MS: Currently reading The Hard Thing About Hard Things by Ben Horowitz.
What is your favorite entrepreneurial news source?
MS: Hacker News, TechCrunch, and Quora answers about startups are some of my favorite sources
Like what you see? Follow along Inventr’s journey: