Who will buy my invention?
Companies That Pay for Invention Ideas
- Idea Buyer. Idea Buyer is a product development company that will help you bring your idea to the market.
- Sharper Image. Sharper Image produces and sells various items such as toys, electronics, gadgets, and technology.
- Dewalt.
- Cal-Van Tools.
- Avery.
- Mattel.
- Unilever.
- Nautilus.
Who can I sell my idea to?
The Best Ways To Sell An Idea Without A Patent
- Sell Your Idea To Companies. It’s true—many companies are willing to pay you real cash for a great idea.
- Find An Angel Investor. You can also sell your idea to an angel investor.
- Find A Business Partner.
- Sell Through Social Media.
How do I sell my inventions?
Three Steps to Selling Your Idea
- Know your market. This means gathering as much feedback as possible on your own invention idea.
- Do some legal legwork. Go as far as you can to determine if your invention is patentable or if it can be produced without infringement on other filed patents.
- Look into production.
How do I get paid for my invention?
Here are six ways to make money from your patents.
- Start a business: Product conversion.
- License your patent.
- Use a patent licensing company.
- Use it as collateral for a bank loan.
- Sell off your patent rights.
- Sell to a business that’s expanding to your country.
Does Google pay for ideas?
Google does not state they don’t accept ideas. They do accept them, however, just like Apple, they don’t pay for your submitted proposals, but treat them as their own. So, if you feel altruistic, you can submit your idea through an online form, but don’t expect money in return.
What do I do if I have an idea for an invention?
How to Turn Your Invention Idea Into a Product
- Step 1: Document and Record Your Invention Ideas.
- Step 2: Make Sure Your Invention is Not Already Patented.
- Step 3: Do Some Research to Make Sure Your Idea Has a Market.
- Step 4: Make a Prototype (i.e., prove your idea can work in real life)
- Step 5: File a Patent.
How much royalties do inventors get?
The Entrepreneurial Inventor Royalties often range from 2% to 10% of net revenues. Such inventors often choose to form a business and to manufacture and market the product themselves.
How do I find investors for my invention?
The first and most important step in finding investors for your potential patent is searching the United States Patent and Trademark Office (USPTO) website to find out if your invention idea is original….Finding Investors for Your Invention
- Angel investors.
- Investment groups.
- Invention clubs.
- Venture capital firms.
How do I get idea royalties?
When you license your idea, you’re partnering with a company (AKA the licensee) that has manufacturing capabilities and distribution, so that your invention can be brought to the marketplace and, ideally, all parties will earn a profit, as the licensee will earn a profit and you’ll earn royalties.