Invention Scoring

About the Course:

This session provides an overview of critical success factors in commercializing inventions. The course begins by correcting misconceptions about the process of commercializing inventions. It then proceeds to discuss the comparative pros and cons of licensing your invention versus commercializing it independently. Among the issues discussed are:

  • What questions must an inventor address when pitching his invention
  • What steps does an inventor need to take to protect his IP
  • What are the critical success factors associated with demos and prototypes
  • How can an inventor demonstrate demand for his product
  • How can you demonstrate that your product will likely yield attractive margins

Course Leader: Patrick Raymond, Founder, InventionScore

In 2007, he started the Inventors Association of Manhattan, a New York State non-profit with 800+ members today. By 2008, he was elected to be Executive Director of the national United Inventors Association (UIA). There, he produced a ground-breaking 10-part educational video entitled What Every Inventor Needs to Know with 15 of the country's top experts. His newsletter reached 10,000 inventors and 70+ local group leaders. He then pioneered industry Certification standards for service providers, winning the praise in government and non-profit circles. A national guest speaker and product judge, he led 11-judge panel at the National Hardware Show's Inventor's Spotlight in Las Vegas in 2009 & 2010.

Patrick then created the InventionScore(R), a revolutionary diagnostic algorithm that tracks an inventor's progress, and shows how to improve for maximum negotiating power with investors and companies. A regular contributor to Inventors Digest magazine, Patrick was named Editor-at-Large in 2011.

And in spring 2012, he will appear on the Food Network as co-host, along with Steve Greenberg, of a new inventor-friendly reality show called Invention Hunters. Patrick and Steve travel the country, meeting independent inventors and searching for the next great food gadget. If they find one, they improve it and prepare it to be pitched to a major manufacturer for national launch on store shelves.

Course Length: Approx. 1.0 hours

$175.00 PER USER

Purchase Now:

Need help purchasing this course? Please contact Neomi Barazani at 609-919-1895 ext. 100 or at info@bdacademy.com.