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Inventing only feels like you’re under water The New Environment for Independent Inventors.

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Presentation on theme: "Inventing only feels like you’re under water The New Environment for Independent Inventors."— Presentation transcript:

1 Inventing only feels like you’re under water The New Environment for Independent Inventors

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3 My Background External Open Innovation Director at Lifetime Brands Open Innovation Director at TTI Group North America President of The United Inventors Association www.monasheemarketing.com www.powertoolinnovation.com

4 18,000 products32 Brands8 Divisions

5 TTI World Wide

6 The United Inventors Association of America Inventing only feels like you’re under water

7 The Inventing Industry at a Glance

8 The Choice No One Gets to Avoid

9 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.

10 The QVC Sprouts Program USPTO UIA Presentation March 27 th 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.

11 Inventor Crowd Funding… USPTO UIA Presentation March 27 th 2012 Inventors receive donation funding from the “Crowd” Not a Loan, Not an Investment

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