There’s $1 trillion worth of untapped federally funded intellectual property, just waiting to be put to work by supply-chain entrepreneurs.

Introducing the SCALE Challenge, a contest to launch 20 new disruptive supply-chain companies. It’s the brainchild of the Center for Advancing Innovation, with support from the Walton Family Foundation. CAI fashions itself a “matchmaker,” bringing together entrepreneurs with investors and underutilized technology created with federal government resources. On this episode, CAI founder and CEO Rosemarie Truman explains how the competition will generate 20 new disruptive supply-chain companies — SCALE stands for Supply Chain and Logistics Enterprises — following a rigorous process of elevator pitch, team building, idea cultivation, working closely with investors and creation of a detailed business plan. Both individuals and teams are invited to compete. The idea, says Truman, is to “gamify” the process of identifying entrepreneurial talent. And the purpose? “It’s truly to transform the whole [supply-chain] space.” Hosted by Bob Bowman, Editor-in-Chief of SupplyChainBrain.

Show notes:

The announcement of the launching of the SCALE Challenge.