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Innovation Generation

Do you have an idea to create additional revenue or reduce expenses? Let us know and SCKMC will share the financial success with you!

Five percent (5%) of net savings or net revenue generated* will be shared with YOU from any successful idea that is submitted**. Payout would be quarterly for the first four quarters of the program, and paid as taxable income after the final month of the quarter is closed. Payout is limited to first four quarters of program activity. There is no limit to the number of ideas that may be submitted, however if multiple people submit the same idea only the first person to submit that idea will be eligible for payout. 

*Formula for calculating net revenue will be determined by a finance committee and will vary based upon idea specifics.

**SCKMC Administration is not eligible for pay out.

Name *
Name
Date *
Date
Detailed description of your idea.
Estimate the amount saved or generated within the first 12 months of program implementation as a result of your idea.
Include any potential start up costs associated with your idea such as additional staffing, new equipment, etc.