MindSumo

MindSumo

MindSumo is an online platform that allows companies to crowdsource ideas and solutions from students and young professionals. Companies post business challenges and competitions that students can participate in to win prizes and build their portfolios.
MindSumo image
crowdsourcing freelancing innovation ideas solutions students young-professionals challenges contests prizes portfolios

MindSumo: Online Platform for Business Challenges

Crowdsourcing platform to help companies tap into innovative ideas from students and young professionals, win prizes and build portfolios

What is MindSumo?

MindSumo is an online innovation crowdsourcing platform that connects companies with top university talent to solve real-world challenges. Over 300,000 students and young professionals from around the world use MindSumo to build their skills and portfolios by participating in competitions posted by leading companies.

Companies in a wide range of industries leverage the MindSumo platform to source innovative ideas, solutions, and talent. They post thought-provoking challenges that tap into the creativity of students to tackle problems they are facing in business strategy, marketing, technology, design, and more. Example challenge topics include developing a new product concept, analyzing data to inform decision making, creating branding assets, and optimizing websites.

Students can browse challenges based on their areas of interest and submit creative solutions for a chance to win cash prizes up to $5,000 or more. Winners get recognized for their work, connect with companies seeking emerging talent, and build an online profile showcasing their capabilities that can help launch their careers.

In addition to competitions, MindSumo offers short-term remote projects that allow students to gain real working experience. The platform vets solutions to select the strongest submissions to surface to company clients. MindSumo also handles community management, prize fulfillment, and winner selections so companies can focus on the innovative ideas.

With its large student user base, structured challenge format, and focus on actionable solutions, MindSumo creates a high-quality innovation pipeline from academic talent to enterprises. Companies are able to tap into outside-the-box thinking to gain unique perspectives, validate ideas, promote their brands to students, and scout new talent.

MindSumo Features

Features

  1. Companies can post challenges and competitions
  2. Students can participate in challenges to win prizes and build portfolios
  3. Companies get innovative ideas and solutions from students
  4. Students gain real-world experience and build resumes

Pricing

  • Freemium

Pros

Good way for companies to get fresh ideas

Beneficial for students to gain experience and make money

Large network of students to source solutions from

Low-cost way for companies to crowdsource solutions

Cons

Students may not have enough business experience

Quality of solutions can vary

Students only get paid if their solution is selected

Can be competitive for students to win challenges


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