World's first-ever Idea Bank launched in Patna

DNL CORRESPONDENT 

Patna, January 7, 2025

The world's first-ever Idea Bank was launched in Patna on January 4, 2025, with the aim of promoting ideation, innovation, creativity, intellect, and intellectual exchange on a global scale, fostering the growth of business, entrepreneurship, and societal progress.

“The Idea Bank will serve as a groundbreaking platform for individuals to deposit, share, and exchange ideas. The Idea Bank is a unique concept where ideas, not money, are the currency. In this model, customers can deposit innovative ideas that can be sold, bought, or donated for the greater good," said Dr Birbal Jha, a social entrepreneur, who conceptualised and inaugurated the innovative bank.

In his keynote address, the noted English litterateur Dr Birbal Jha emphasized that “ideas are not confined to any individual, group, or institution, but are universal. Ideas are nobody’s monopoly.” 

The Idea Bank will serve as the bridge between ideators and executors, facilitating collaboration and creating a vibrant innovation ecosystem. One idea may work for a certain project, while another could be applicable elsewhere.”, added Dr Birbal, a mass communicator.

“The Idea Bank is designed to benefit individuals from all walks of life, from students and entrepreneurs to professionals and innovators. Participants can contribute their ideas to various sections of the bank: either by donating ideas for free societal development or by engaging in the sale and purchase of ideas for commercial growth.”, elaborated pentagenarian Dr Birbal.

Dr Birbal Jha envisions the Idea Bank as a space where young people are encouraged to think creatively and add value to themselves and society. This initiative will empower the next generation of thinkers and innovators to pursue their dreams without limits. 

The launch of the Idea Bank marks the beginning of an exciting new chapter in the world of intellectual innovation. Dr Birbal Jha, the founder of the Idea Bank invites individuals, businesses, and institutions to join the movement and contribute to the development of ideas that will shape a better and brighter future for all.