Calling All Innovators

As I've mentioned a couple of times, I've really been impressed with Intuit since I started my MBA four months ago. I recently saw that Intuit has come out with two contests to promote innovation and collaboration among entrepreneurs.

The first contest offers $10,000 for the best way to organize data and reduce paper documents and the second offers $5,000 for the best way to facilitate the use of QuickReceipts (Intuit's new software that allows customers to return and exchange merchandise without a paper receipt).

I love how Intuit goes beyond its own resources to solicit ideas from anyone and everyone. That's the kind of attitude I think is necessary to continue to innovate and grow in difficult economic times.