The four co-founders of LaunchPark came together this year to form a company to solve the problem they were facing.

The Halifax-based venture is developing a meeting place for ideas and technical expertise, so that entrepreneurs with great ideas can link up with the talent they need to implement them, and vice-versa. And it was created by people who lacked that sort of solution as they set out to form a company.

“We were a team looking for an idea,” said Shivam Rajdev, one of the co-founders, gesturing to his partners Oliver Baltzer and Adrian Bentley. “And Paul had an idea but was looking for a team.”

Paul is Paul Robichaud, who wanted to develop an SaaS solution to address this sort of need but understood it was too big a project for him to handle alone. He met Rajdev, Baltzer and Bentley in May, and soon they were moving forward with the project. On Sunday, they will demonstrate the matching engine used in Launch Park at DemoCamp Halifax.

“Our secure environment facilitates collaboration to overcome some of the hardest problems when starting a business,” said Robichaud. “A team can build and interact with a network of experts, enabling the transformation of ideas into innovations.”

LaunchPark allows people with an idea for a business to post the concept and attract people who are best suited to contribute. It allows groups of people to collaborate on an idea in a secure environment, to rank one another’s contributions, and to identify the people who are best suited to taking it forward.

Baltzer explained that the group is even looking at creating a reputation metric that will identify a person’s suitability based on such factors as his or her twitter following, testimonials or linkedIn recommendations.

The four entrepreneurs are enrolled in the Lean Startup course being offered this semester at Dalhousie University, headed by Mary Kilfoil, and professor at the Centre for Advanced Management. “That class is a microcosm of what we are trying to do,” said Robichaud.

The quartet plans to beta-test the product a month or two after DemoCamp, after ensuring they have removed any bugs. They are still considering the best way to monetize LaunchPark, and are considering whether the company might charge groups that choose to act on an idea, or possibly to demand a share of any idea that is commercialized using the system.