The hunt is on for the next Airbnb as a new challenge aims to nurture the next generation of collaborative economy enterprises in South Australia.

Students gathered outside

The Collaborative Economy Innovation Challenge will seek ideas to establish new online enterprises in our state that will create jobs and better utilise public assets to deliver greater value to the community.

Collaborative economy enterprises are changing the way we live, work, shop and recreate.

Companies such as Airbnb and TripAdvisor have become global leaders in the collaborative economy.

The Collaborative Economy Innovation Challenge is about fostering what might come next.

Proposals will be sought from Australian and international entrants, with finalists selected by a combination of an expert panel and a crowd-sourcing process.

International entrants will be required to partner with local organisations to be eligible.

The Challenge will involve people from business, government and universities to design and refine the scope of the project.

More information, visit the YourSAy website.