Inventing: Edison Nation Competition

Scouts, are you working on your Inventing badge, or interested in doing so? The Edison Nation is investing a million dollars into projects that they think have potential. Should your project be selected, you’ll earn $2500 PLUS 50% of the resulting profits. For Scouts, it’s $10 to submit the idea ($25 for everyone else).

Not every project will be selected, but the PROCESS of getting your invention ready to submit (which they lay out for you) fulfills many of the Inventing MB requirements.

Deadline is May 7, 2012.

Here’s the spiel from their webpage:

Calling All Young Inventors! Kids, ‘tweens, teens, and college students…

Do you have an idea for a cool, new product that you think should be made and sold in stores? THINK! What would make your life more fun? What would solve a problem around the house, the yard or at school? Is there something that would help you take better care of your pet or a new way to learn or play?

Now is your chance to invent the next “big thing” to be sold on store shelves!

The Boy Scouts of America and Edison Nation challenge you to get inventing in 2012.

This Innovation Challenge invites all creative thinkers 21 and under to submit their ideas, and Edison Nation will spend up to $1 million to develop the products and make them a reality. We will do everything from designing your product, making the prototypes and filing the patents—all you have to do is invent!

Selected inventors will receive royalties from the sale of their products for life, be named the “inventor” on any issued patents and have an opportunity to appear on the award-winning Everyday Edisons television series.

If you are in the Boy Scouting program, submitting an invention idea to Edison Nation as part of the Boy Scouts of America Innovation Challenge helps you complete many of the requirements for the Inventing Merit Badge.