mep summary
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A National Database of Patented Products
Reverse the decline in middle income population:
Since 1979, the national middle income population has been
declining less than 1% annually; however, The bottom and the top income categories have been increasing. Is there a strategy that might reverse this decline?
reate, versus attract, companies with higher aying jobs based upon the following screening riteria:
Import, rather than create, low, medium and high technology
products for markets under $200,000,000 in annual sales. Products or services are sold to national rather than local
markets…profits & taxes come to your city. Led by owners and managers with industry knowledge & networks. Where can we find and how can we efficiently import these products for existing or new companies?
Import patented products owned by – inventors & designers
Access a national database of patented products that can be licensed or purchased.
The number of inventors who are willing to license or sell their patented product is large, but really unknown.
Many inventors/designers are not interested or competent to become an entrepreneur.
Local companies or new start-ups can purchase patents.
Equity investments: a barrier
Start-up capital is often available; however, finding 2nd and 3rd stage investors is a problem. The best sources of long-term investments are the owners of small and medium companies. Owners will also become a new source of designated donors for community foundations.
Options funded by Foundations & companies:
Five days & a Mini Quorum of 12-15 influencers to critique and define the model for your region: $5,500. The 90 Day Quorum: 15 influencers/leaders shape a “2030 playbook” for job creation…$67,500. Access Database: TEC-Search clearinghouse of inventors and their patented products for sale…
o $75,000 quarterly retainer with special benefits including reduced fees to the region o Normally, a company pays higher fee based upon the market size of patented product
“Accelerate by 10X higher pay job formation in your state. Create 150 companies with national product-markets by 2025!”
TEC-Search.com williamWilkie, Ph.D.