The first and most important step in finding investors for your potential patent is searching the United States Patent and Trademark Office (USPTO) website to find out if your invention idea is original….Finding Investors for Your Invention

1. Angel investors.
2. Investment groups.
3. Invention clubs.
4. Venture capital firms.

What is the most profitable patent?

Defensive Aggregator says ‘World’s Most Valuable Patent’ is held by tiny Intertrust Technologies. Privately held Sunnyvale, CA-based, Intertrust Technologies, a digital rights management company, holds the world’s most valuable patent according to research conducted by defensive patent aggregator Unified Patents.

How much can you make off a patent?

An inventor taking this approach to patent selling may attract $5,000 to $35,000 for their patent, or more if it’s a valuable patent. Some inventors hire a marketing service to try to interest companies; such marketing companies usually keep statistics on their success rate.

How do I file my own patent?

Steps to Filing a Patent Application

1. Keep a Written Record of Your Invention. Record every step of the invention process in a notebook.
2. Make Sure Your Invention Qualifies for Patent Protection.
3. Assess the Commercial Potential of Your Invention.
4. Conduct a Thorough Patent Search.
5. Prepare and File an Application With the USPTO.

Do VCs care about patents?

Patent protection only gives your company the right to stop others from using your invention. Ownership, execution, and revenue are what VCs need to see. In short, CEOs need to demonstrate that their IP is identified and protected and that they’ve addressed all their legal risks.

What company has more than 29000 patents?

ALCATEL-LUCENT, the latest technology company to announce plans to make money from its patents, may generate several hundred million euros this year alone from its trove of 29,000 rights, according to its chief financial officer Paul Tufano.

What’s the best way to make money from a patent?

One of the best ways to make money from your patent is to create and sell the product you invented. If you’re thinking about manufacturing and retail opportunities, start by yourself the following questions: Does your invention solve a real-world problem?

How to get funding for a patented product?

If you cannot write a business plan yourself, hire someone to write it for you. The plan should describe in detail how much money you need, what the money will be used for, how the patented product will be manufactured, marketed, and distributed for sale and what income and potential profits will be generated.

How can I make money from my invention?

You had a great idea for an invention, and after spending months brainstorming, filing, (waiting) and discussing the details with your patent attorney, your patent is granted. Filing for a patent isn’t cheap, so it makes sense that if you went to the trouble of protecting your idea, the next step is to figure out how to profit from it.

What’s the percentage of patents that never make money?

97 Percent of All Patents Never Make Any Money. Ninety-seven percent of all patents never make any money. What? This statistic should baffle you. Why do so many people continue to file for patents if the overwhelming majority of them don’t earn a profit? Where is the disconnect occurring?