The Hearst Innovation Program has a two-fold mission. One key purpose of the program is to provide a forum for employee knowledge-sharing, idea generation and business growth. The program provides this forum online and through its hands-on efforts. The other key purpose is to identify, nurture, launch, and build significant new businesses. Ideas for business opportunities come from employees at all levels throughout Hearst. They submit their business ideas and receive funding and support for their development. Hearst Innovation is focused on out-of-the-box ideas for businesses that would not fit into any of the Company’s business units or that represent an opportunity for collaboration among two or more of them.