Who Buys Invention Ideas ⟶ [ RECOMMENDED ]
Invention City : Offers a "Brutally Honest Review" and occasionally offers licensing deals that cost the inventor $0 out-of-pocket.
Some firms specialize in vetting and bringing independent inventions to market:
Finding a buyer for your invention usually involves , where a company pays you royalties to manufacture and sell your product, rather than buying the idea outright . Many established corporations actively seek outside innovation through "Open Innovation" portals. 1. Major Companies with "Open Innovation" Portals who buys invention ideas
Idea Buyer : Partners with inventors to launch products into major retailers like Walmart and Lowe's. Essential Steps to Protect Your Idea How to Sell an Idea to a Company Without Them Stealing It
These corporations have dedicated systems for individual inventors to submit ideas in specific categories: Invention City : Offers a "Brutally Honest Review"
Allstar Innovations : Focuses on problem-solving consumer products often seen in "As Seen On TV" marketing.
Quirky : A community-led platform that takes consumer product ideas, refines them with designers, and shares profits with inventors. Quirky : A community-led platform that takes consumer
These companies help with development and marketing for an upfront fee or a share of future royalties: