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The good news is that InventHelp takes its responsibilities very seriously, and this includes the need to protect information and data relating to new invention ideas. So, all of the companies on ...
An invention promotion firm or invention submission corporation provides services to inventors to help them in develop or market their inventions. [1] These firms may offer to evaluate the patentability of inventions, file patent applications , build prototypes , license them to manufacturers, and otherwise market .
Each year through the past decade, at least half a million patent applications come into the U.S. Patent and Trademark Office. Some of the applications are from firms equipped with financial ...
In 2006, Davison Design & Development were ordered to pay $26 million in consumer redress. [11] Davison Design & Development appealed, and ultimately settled, with the FTC in 2008, agreeing to pay $10.7 million in cash, real estate and investment assets. [12]
In January 2017, an undercover FTC investigator contacted the firm with his idea for an invention, a recipe. As usual, a salesperson responded he "had a great idea with lasting power" and "should expect a revenue stream for decades" even though recipes are almost impossible to patent. [20] The company was shut down by the FTC in March 2017.
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