Update: Innovation Direct™ receives feedback from West Coast-based industry partner regarding 16 invention Innovation Direct To Industry™ package…
Good evening, Juan C. Blanco, Innovation Direct™’s Director of Product Licensing, checking in with our latest update involving our West Coast-based industry partner and the Innovation Direct To Industry™ program. On May 22nd, we had reported that a package of 16 tool inventions had been sent to our West Coast-based industry partner in response to a request made of him by a Nevada-based hardware products manufacturer (“Update: Innovation Direct™ sends 16 tool invention Innovation Direct To Industry™ package to industry partner to comply with Nevada-based manufacturer’s request…“).
Our West Coast-based industry partner now reports that he personally feels that 6 out of the 16 items have potential, and will take the next step of reviewing them with the representatives of the hardware products company under confidentiality. When this meeting occurs, he will then communicate which concepts from the batch, if any, are the subject of further interest by the manufacturer. At that point, the possibility exists that at a minimum, exclusive developmental agreements will be signed.
Stay tuned to the Innovation Direct™ Blog for the latest on this developing situation!