Update: Past licensee of Innovation Direct™ inventor product ideas provides feedback on latest Innovation Direct To Industry™ package…
Hello, Juan C. Blanco, Innovation Direct™’s Director of Product Licensing, checking in once more with another Innovation Direct To Industry™-related report. Updating a situation we had initially reported on in a July 2nd entry (“Past licensee of multiple Innovation Direct™ inventor product ideas receives 10 invention Innovation Direct To Industry™ package…“), the New York-based company that was the subject of that posting has provided feedback to the Innovation Direct™ representative managing their Innovation Direct To Industry™ account regarding the latest batch of inventions they reviewed. As per the e-mail correspondence received today from the company contact, they have an interest in exploring the potential of 1 out of the 10 concepts.
Since there is a permanent non-disclosure agreement on file between Innovation Direct™ and this company, they were able to review the detailed design information on the items immediately. As such, we expect to begin discussions with this company in the coming days on exactly what their intentions are for the invention, and whether or not a licensing proposal may be in order. Naturally, we will keep you posted every step of the way on any developments, here on the Innovation Direct™ Blog.
Check in frequently!