<Innovation Palette>
1. Bright Turquoise - 
                            
                            #00B2A9
                         - A vibrant and refreshing color that symbolizes creativity and clarity.
2. Electric Yellow - 
                            
                            #F6EB61
                         - A bold and attention-grabbing color that embodies energy and optimism.
3. Deep Indigo - 
                            
                            #4B0082
                         - A rich and deep color that represents depth of thought and intuition.
4. Soft Coral - 
                            
                            #FF6F61
                         - A warm and inviting hue that encourages collaboration and communication.
5. Pure White - 
                            
                            #FFFFFF
                         - Represents purity and simplicity, allowing other colors to stand out.

This color palette is designed to evoke a sense of innovation through a mix of vibrant and calming colors. The combination of bright and bold hues signifies creativity and energy, while soft tones add balance and approachability.

What specific application do you have in mind for this palette? Would you like any adjustments or additional colors?