Jill Gilbert Welytok is the managing attorney for Absolute Technology Law Group LLC, which is a team of Registered Patent, Trademark and Transactional attorneys.
Joint Meeting of the Mequon and West Bend Inventors Clubs
Brook Stevens Design in Grafton, WI
June 17, 2008
"Finding Funds to Bring an Invention to Market"
Dan Steininger "Ten Commandments of Venture Capital"
Dylan Morgan "Finding Funds to Fill a Purchase Order"
Location: Brook Stevens Design
860 Badger Circle
Grafton, WI 53024
Click here for directions.
Visit our Inventor's Club Homepage at http://www.milwaukeepatents.com/inventors.html
Hiring a Marketing Firm: Your Rights Under the Inventor’s Protection Act
By Jill Gilbert Welytok
Friday May 9, 2008
If you’re an inventor with a promising idea where do you turn? Many companies may offer to help you patent and market your invention. They sound very enthusiastic about your idea. It is tempting to hire an “experienced” company to get a patent, a prototype and do “everything” you need. Especially when the company all but promises to land you a lucrative licensing deal for your invention. Unfortunately, many aspiring inventors fall prey to consulting companies that charge large fees but don’t make a profit for anyone other than themselves. In 1999, Congress took action against invention promotion firms and enacted the American Inventor’s Protection Act.
What the American Inventor’s Protection Act requires
Under this law, invention marketing firms must disclose: