Innovation challenges are competitions designed to encourage creative problem-solving and the development of new ideas. Participants, often from various backgrounds, are tasked with addressing specific issues or improving existing products and services. These challenges can take place in various fields, including technology, healthcare, and sustainability, and often offer rewards or funding for the best solutions. These events foster collaboration and knowledge sharing among individuals and organizations. By bringing together diverse perspectives, innovation challenges can lead to breakthroughs that might not occur in traditional settings. They also help to identify emerging talent and promote a culture of innovation within communities and industries.