If you have an idea for a new product, there are companies all over the world who will pay you to invent it. These companies will manufacture and market your invention for you, either for royalties or a lump sum.
To find these companies, you need to do a little research and submit your ideas through their websites. Once you have found a company, they will reach out to you and ask if you would like to license your invention.
Lear
One of the most famous nonsense poets, Edward Lear was a British artist who was renowned for his limericks. He also wrote several other books of nonsense poems.
Born into a prosperous family, Edward was the 20th of 21 children, but due to health problems he lived a lonely life. He suffered from epilepsy and was ashamed of it for most of his life.
His illness and his desire to avoid contact with others caused him to retreat into a fantasy world. He spent his later years traveling and painting around the Mediterranean.
Fastcap
Founded in 1997, Fastcap is an international product development company with over 2000 distributors worldwide. Known for its woodworking tools and hardware, they’ve also branched out to include dust barriers and surfboard ding patches.
Paul Akers, the founder of Fastcap, is a prolific inventor with US and international patents to his credit. He and his wife Leanne, have turned their garage-based business into a multi-million dollar company.
Play with a Purpose
The company has a couple of laudable initiatives but the best way to submit an idea is to fill out their nifty little online form. They are looking for the next big thing in the world of toys and games. The company also has an award for the top three most inventive ideas. The best part about this process is you don’t have to be an expert in your field to get your project off the ground. The company even sends a free sample kit to show you how. This may be the perfect opportunity for your next class project or classroom competition. It’s a fun and engaging activity that will keep the kids engaged for a while.
Escalade
The Escalade is a large three-row SUV that’s incredibly popular. It’s an imposing vehicle that looks good and has a ton of standard features.
It’s also very easy to drive, and it can tow a significant amount of weight. The only real drawback is that it’s not as fuel-efficient as other full-size SUVs.
Cadillac gives the Escalade a ton of standard tech, including adaptive cruise control and lane-keeping assist. It also has a few extra options that can make the driving experience even more enjoyable.
Spectrum Brands
Spectrum Brands is a consumer products company that owns many high-profile global brands. They openly accept new product ideas and can be contacted through their website or by phone.
Spectrum operates in five segments: Batteries & Appliances, Global Pet Supplies, Home and Garden, Hardware & Home Improvement, and Global Auto Care.
The company’s key product lines include Rayovac batteries, Remington shaver and George Foreman cookware.
The company also produces a variety of other household essentials, including plumbing, shaving and grooming, personal care, small appliances and specialty pet supplies. Its products are sold in more than 150 countries.
WillowWood
Willow wood is a lightweight hard wood with good shock resistance, making it an ideal material for furniture and smaller wood products. It’s also easy to carve and makes for great whittling projects.
It isn’t the easiest wood to turn, however. The low density of willow can make machining it difficult.
Because it dries slowly, it can take a long time to get appropriately seasoned. Additionally, it can be prone to cracking and splitting, which can be very frustrating.
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