Companies That: Buy Ideas

Specializes in woodworking and trade tools, though they have high standards, accepting roughly 1 out of 100 submissions.

It is crucial to have a patent or at least a patent pending before submitting to avoid having the idea copied.

Maintains a team to evaluate new ideas to improve their sporting equipment lineup. companies that buy ideas

While some take undeveloped ideas, most companies require a prototype or detailed technical documentation to prove functionality.

Licensing agreements often earn inventors between 3% and 6% of gross sales. Specializes in woodworking and trade tools, though they

Accepts direct inquiries through their innovation application process. Key Considerations

Websites like Flippa are better suited for selling developed digital products or online businesses. To narrow this down for you, I can: While some take undeveloped ideas, most companies require

Considered one of the best for submitting ideas, they accept submissions in over 25 categories, including automotive, beauty, pet products, and home storage.