Organizations Filed Purposes:
THE CENTER FOR ADVANCING INNOVATION (CAI) IS A GLOBAL PUBLIC-PRIVATE PARTNERSHIP NON-PROFIT FOCUSED ON CREATING A VIRTUOUS CIRCLE OF INNOVATION AND DRIVING GROWTH BREAKTHROUGHS THROUGH NOVEL, CREATIVE PARADIGMS AND MODELS. CAI'S MISSION IS TO ACCELERATE AND INCREASE THE VOLUME OF RESEARCH COMMERCIALIZATION IN SUPPORT OF HIGH GROWTH BUSINESS IN ORDER TO IGNITE ENTREPRENEURSHIP, BOLSTER THE GLOBAL ECONOMY AND MAXIMIZE THE COMMERCIAL AND KNOWLEDGE-BASED POTENTIAL OF PROMISING INVENTIONS. CAI'S AWARD-WINNING CHALLENGE-BASED ACCELERATOR, RIGOROUS FACT-BASED DUE DILIGENCE AND CAPITAL EFFICIENT LEAN MANAGEMENT MODELS SERVE TO HYPER-ACCELERATE "GAZELLE" HIGH- PERFORMING STARTUPS FOR OUTSIZED INVESTOR RETURNS. FOR MORE INFORMATION ABOUT CAI, PLEASE VISIT HTTP://WWW.THECENTERFORADVANCINGINNOVATION.ORG.
THE BRAIN RACE IS ORCHESTRATED BY THE CENTER FOR ADVANCING INNOVATION (CAI) IN PARTNERSHIP WITH THE BRAIN TUMOUR CHARITY AND THE SILICON VALLEY COMMUNITY FOUNDATION. THIS INITIATIVE IS DIFFERENT. AS WITH CAIS PRIOR CHALLENGES, TEAMS WILL ADVANCE PROMISING DE-RISKED INVENTIONS SELECTED WITH RIGOROUS DUE DILIGENCE BY POTENTIAL INVESTORS AND INDUSTRY EXPERTS. TEAMS WILL ALSO ENTER WITH THEIR OWN COMMERCIALLY VIABLE INVENTIONS. YET, FOR THE FIRST TIME, CAI INVITES ANYONE TO SUBMIT AN IDEA WITH THE POTENTIAL TO IMPROVE THE QUALITY OF LIFE FOR BRAIN TUMOR PATIENTS. AN EXPERT JUDGING PANEL WILL SELECT A TOTAL OF 15 WINNERS FROM THE POOL OF TEAMS, ADVANCING PROMISING INVENTIONS, AND INDIVIDUALS WITH THE BEST IDEAS.
IN 2018, THE CENTER FOR ADVANCING INNOVATION PARTNERED WITH THE CITY OF VIRGINIA BEACH AND THE VIRGINIA BEACH DEPARTMENT OF ECONOMIC DEVELOPMENT TO LAUNCH THE VABEACHBIO INNOVATION CHALLENGE. THIS CHALLENGE SOURCED AND TRAINED ENTREPRENEURS WORLDWIDE TO CREATE COMPANIES THAT IMPACT VETERANS' HEALTH, INCLUDING CARDIOVASCULAR DISEASE, DIABETES, MENTAL HEALTH (ANXIETY, DEPRESSION, PTSD), AND REGENERATIVE MEDICINE.
THE SCALE - SUPPLY CHAIN AND LOGISTICS ENTERPRISES - CHALLENGE IS AN OPEN INNOVATION CONTEST TO DISRUPT THE SUPPLY CHAIN AND LOGISTICS INDUSTRY SECTOR. SUPPORTED BY THE WALTON FAMILY FOUNDATION, THE SCALE CHALLENGE WILL LAUNCH 20+ COMPANIES AROUND INVENTIONS WITH POTENTIAL FOR NEAR-TERM IMPACT AND PLANT THEM IN NORTHWEST ARKANSAS, HOME TO THREE FORTUNE 500 COMPANIES AND RANKED AMONG THE TOP FIVE BEST PLACES TO LIVE IN THE NATION BY U.S. NEWS AND WORLD REPORT FOR THE LAST FOUR YEARS. AS WITH CAIS PRIOR CHALLENGES, TEAMS WILL ADVANCE PROMISING DE-RISKED INVENTIONS SELECTED WITH RIGOROUS DUE DILIGENCE BY POTENTIAL INVESTORS AND INDUSTRY EXPERTS. TEAMS MAY ALSO ENTER WITH THEIR OWN COMMERCIALLY VIABLE INVENTIONS. CAI INVITES ANYONE TO SUBMIT AN IDEA WITH THE POTENTIAL TO IMPACT SUPPLY CHAINS. AN EXPERT JUDGING PANEL WILL SELECT 20 WINNING TEAMS. THE SCALE CHALLENGE WINNERS WILL BE RECOGNIZED AT AN AWARDS CEREMONY IN NORTHWEST ARKANSAS, WHERE THEY WILL DEMONSTRATE THEIR SOLUTIONS AND PITCH FOR SEED FUNDING AT AN INVESTOR FORUM. WITH GUIDANCE FROM CAI, THE SCALE CHALLENGE WINNERS WILL FORM THEIR START-UP COMPANIES AND PURSUE LICENSING.
Executives Listed on Filing
Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing
| Name | Title | Hours Per Week | Total Salary |
|---|
| Rosemarie Truman | CEO | 60 | $360,000 |
| Reginald Seeto | DIRECTOR | 0.25 | $0 |
| Gil Price | DIRECTOR | 0.25 | $0 |
| Nick Donofrio | CHAIRMAN | 0.25 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/202023219349306692_public.xml