inventing only feels like you’re under water the new environment for independent inventors

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

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

Inventing only feels like you’re under water

The New Environment for Independent Inventors

Page 2: Inventing only feels like you’re under water The New Environment for Independent Inventors
Page 3: 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

Page 4: Inventing only feels like you’re under water The New Environment for Independent Inventors

18,000 products 32 Brands8 Divisions

Page 5: Inventing only feels like you’re under water The New Environment for Independent Inventors

TTI World Wide

Page 6: Inventing only feels like you’re under water The New Environment for Independent Inventors

The United Inventors Association of America

Inventing only feels like you’re under water

Page 7: Inventing only feels like you’re under water The New Environment for Independent Inventors

The Inventing Industry at a Glance

Page 8: Inventing only feels like you’re under water The New Environment for Independent Inventors

The Choice No One Gets to Avoid

Page 9: Inventing only feels like you’re under water The New Environment for Independent Inventors

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.

Page 10: Inventing only feels like you’re under water The New Environment for Independent Inventors

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.

Page 11: Inventing only feels like you’re under water The New Environment for Independent Inventors

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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Page 13: Inventing only feels like you’re under water The New Environment for Independent Inventors
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