How does Innovation Direct™ get paid? Do you charge up-front fees, take a percentage of royalties if an invention is successful, or a combination of both?
Innovation Direct™ is a fee-for-service company. This means that our company offers a variety of marketing options for the inventions that we are able to work with, and each plan will have a one-time fee associated with it depending on what services it contains. This one-time fee is the only cost to the inventor at any point in time when working with Innovation Direct™, and is only applicable if an inventor chooses to accept our proposal for invention assistance services. Innovation Direct™ does not, under any circumstances, take any percentage of an inventor’s royalties for any licensing agreement it may help secure.