Top 5 companies that pay for your ideas

Top 5 companies that pay for your ideas

 

These companies are sincere on their website and say they pay you!

Companies in a variety of industries, from home appliances to automobiles, are actively looking for new ideas that can help them create great products for their customers.

That means you can make money from your ideas and inventions!

 

1. Quirky

Quirky is a website that brings together inventors, product designers, and large manufacturing companies. The site offers a lot of information, so I recommend you check it out.

 

Every month, Quirky chooses new ideas to turn them into real products. If your product is chosen, Quirky will manufacture it, sell it, and pay you each time someone buys your invention.

 

Submit your idea here https://quirky.com/submit-an-idea/ 

2. New soda

New Soda is a company that manufactures kitchen utensils.

 

The best part is that the company pays royalties for the inventions. It's great, right?

 

He is looking for ideas from "designers, inventors, mothers, grandmothers and even children".

 

If the company thinks its idea is likely to sell, it will invest in manufacturing its product. So if people like it, you can earn royalties when your product is sold.

 

You can submit your idea using the idea submission form on the website. Along with your idea, you can submit any design or concept you have. You will also need to provide your contact details.

 

The company's design team will review your ideas and contact you if your idea is further explored, and if your idea is not successful, the company will let you know as well.

 

The company will then obtain a prototype and design for their product and test the design before putting it into production. Final packaging and color options will then be agreed upon.

 

You will then take your product to exhibitions and trade shows and present it to international buyers, connecting to your network of sales agents who can sell your idea to stores around the world.

 

Once your item goes on sale, you will earn a commission for each unit sold.

 

Submit your idea here  http://www.newsoda.com/your-idea/ 

 

3. City of Inventions

Inventor City offers licensing agreements for inventors. The site offers a free submission form that you can use to submit your ideas. You can also pay someone to review your idea, which costs $95.

 

The company will contact you if they are interested in your idea. If you don't hear from Invention City within 5 business days, it means the company is not interested in your idea.

 

According to the website, if you have a basic understanding of the invention process, the submission process can be completed in about 20 minutes. But it will take longer if the invention process is new to you.

 

The company may offer you a license agreement. The company's license agreements are structured to pay royalties on sales made by Invention City and the typical royalty range is 1% to 5%. And it's structured to pay revenue split into sublicensees: the typical range is between 20% and 60% for the inventor.

 

Invention City claims that it bids for about 1% of the inventions submitted and has a success rate of about 10% in licensing and selling inventions.

 

Submit your idea here http://ideahouse.ua.com/submit 

4. Henkel

Henkel produces many well-known products such as Schwarzkopf hair dye and Persil detergent. The company operates in three sectors, which are:

 

adhesive technologies

beauty treatment

Dirty laundry

The German company is seeking product ideas through its Henkel Innovation Partner Program. You are looking for new technologies, product ideas, patents, and other intellectual property that will help the company improve its products and business models.

 

Henkel's advantage is that it doesn't just focus on external professional innovators, but also on students and customers, just like you!

 

You can work with the company if you have a patent with:

 

patent granted

A published patent application

Or a registered and published utility or design model

You are looking for unique ideas for products, processes, and designs related to your three areas of business. So if you find something that fits the criteria, let the company know.

 

Henkel also seeks to work with inventors with innovative ideas. So if you have a solution

https://www.henkel.com/company/partners-and-suppliers/partners 

 

5.DB

BD is a medical device company. You can submit your ideas to the company.

 

You will need to mail your idea as we note that you cannot accept email submissions at this time.

 

You can print the Acceptance of Suggestions document and mail it if you wish to send your idea to BD. If you are unable to print the document, you can request a copy.

 

The company will contact you directly if it decides to carry out a more detailed assessment.

https://www.bd.com/en-us/about-bd/innovation-at-bd.html