Got a Kid With a Big Idea? Learn How He Can Earn Big Bucks!

 

L. Dutton/Stone/Getty Images

Did you know that the popsicle was invented by an 11-year-old? Or that television (yes, television) was invented by a 14-year-old? Neither did we. But it's one of the reasons that Edison Nation, an online community dedicated to inventors, has launched an initiative to encourage kids ages 7 to 21 to dream up the next big idea.

The group has partnered with the Boy Scouts of America to launch The Boy Scouts of America Innovation Challenge and will invest up to $1,000,000 to develop the best ideas submitted. The goal is to encourage kids to solve problems and think creatively.

Interested kids should fill out the entry form to describe their invention idea and submit it prior to the May 7th, 2012 deadline. They can also upload sketches, photos and/or short videos to help explain their submission. Entry fees are $25 per idea or $10 if the child is a Boy Scout. 

Winners will be named the "inventor" on the item's patents, receive royalties for life on sales of the product (with $2,500 up front), and have a chance to appear on Everyday Edisons, a PBS television series. (A little help with college tuition anyone?) For more information, visit Edison Nation.

Chime In
How do you challenge your child to be creative?
Chime in now!
    More to Explore
    Troy Davis Execution: Celebrity Twitter Reactions - iVillage Upset celebrities have been tweeting about Troy Davis' execution. Big Boi, Kim Kardashian & Alec Baldwin are just a few of the stars who championed the convicted ... MORE
    big baby, Mei Tei? - iVillage Message Boards - 17197492 use search title|My big boy Riley is 7 months old. At 6 months he weighed 20 lbs and was 28 inches long. Rightnow we are using a pouch style sling in the hip carry pretty much everyday. MORE
    Are Beyonce and Jay-Z Having a Boy or a Girl? Has the sex of Beyonce and Jay-Z's baby-to-be been outed by a pair of Christian Louboutin baby booties? We read on Celebrity Baby Scoop that Jay-Z's sister, Annie, may have inadvertently spilled the beans when she ordered a custom-made pair of baby booties in a very revealing color pink! MORE
    Girl-on-Girl 'Glee' Kiss: What's the Big Deal? - iVillage Girl-on-Girl 'Glee' Kiss: What's the Big Deal? ... It's a Baby Boy for Robert Downey Jr.!|@big boy arrested|7|http://www.ivillage.com/flo-rida-arrested-dui/1-a-356847|Flo Rida Arrested for DUI - iVillage - iVillage.com: Health ...|Rapper Flo Rida was arrested in Miami Thursday morning for ... Big Kids Behavior & Discipline; Big Kids Health; Big Kids ... It's a Baby Boy for Robert Downey Jr.! MORE
    Three years old and still in diapers - iVillage Celebrate this transition, giving him big boy underpants. You can welcome him into the world of growing up by taking him out for a special treat. MORE
    Advertisement

    'My Best Idea' Clip of the Day



    Advertisement