Inventing only feels like you’re under water The New Environment for Independent Inventors.
Post on 24-Dec-2015
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Inventing only feels like you’re under water
The New Environment for Independent Inventors
My Background
External Open InnovationDirector at Lifetime Brands
Open Innovation Director at TTI Group North America
President of The UnitedInventors Association
www.monasheemarketing.comwww.powertoolinnovation.com
18,000 products 32 Brands8 Divisions
TTI World Wide
The United Inventors Association of America
Inventing only feels like you’re under water
The Inventing Industry at a Glance
The Choice No One Gets to Avoid
Preparing for product licensing
•Taking a Professional Approach
•Understanding Industry Guidelines
•Vetting the product to retail
•Developing a working Prototype – Proving Function
•CAD Files and Photos
•Securing Intellectual Property
•Sell Sheets (Retail and/or Manufacturing)
•Using an NDA to protect yourself.
The QVC Sprouts ProgramUSPTO UIA Presentation
March 27th 2012
Inventors compete to be selected by QVC Web users
Winners each week are selected to be sold on the QVC Web site
If Web sales reach a pre-set level Inventors are given a PO and an On Air slot.
Program developed with the UIA to ensure success of the inventor and an educational bond established with submission companies.
Inventor Crowd Funding…USPTO UIA Presentation
March 27th 2012
Inventors receive donation funding fromthe “Crowd”
Not a Loan, Not an Investment
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