Update: Innovation Direct™ receives feedback from Star Envirotech, Inc. on Innovation Direct To Industry™ package; 2 inventions subjects of advanced level of interest, exclusive developmental licensing agreements proposed…
Hello, Juan C. Blanco, Innovation Direct™’s Director of Product Licensing, checking in with our latest report. Earlier Wednesday, the Innovation Direct™ representative managing the Innovation Direct To Industry™ account of California-based Star Envirotech, Inc. received feedback via e-mail from his contact at the firm regarding the detailed information he’d provided him on 11 automotive accessories from our roster in their latest package. As per the communication received, the company retains an advanced level of interest in 2 of the inventions from the group.
A subsequent e-mail exchange between our colleague and the manufacturer representative revealed that the company would like to see whatever additional materials are available on the 2 items. Both of the inventions do have working prototypes and at least one also has a demonstration video made of the prototype in use, which has intrigued Star. Arrangements are now being made to attempt to get the requested information into the hands of the company.
Additionally, due to the manufacturer’s advanced level of interest, our colleague has suggested they sign an exclusive developmental licensing agreement for each of the two product ideas. We are awaiting the manufacturer’s response to this proposal and will keep you abreast of any and all developments, here on the Innovation Direct™ Blog. Join us often!