The idea behind OmniCompete and its predecessor company, Global Security Challenge (GSC) was developed at London Business School in 2005, where the founders met during their MBAs.
Simon Schneider [6] and Janeen Chupa-Brimacombe founded the Global Security Challenge in 2006 and the competition has run annually since then.
Building on this foundation in the security sector, the organisation has expanded into other areas, initiating the Energy Storage Challenge and Health Division in 2010.
Its board members include the honourable H. Lee Buchanan III, who used to be Deputy Director of DARPA before his current role as VC at Paladin Capital Group.
OmniCompete has hosted over 20 international competitions in the areas of security, energy, social innovation[7] and cloud computing, with over $2.9 million in prizes.