: PepsiCo and General Mills actively look for new food, beverage, and packaging innovations through their respective portals.
: FastCap specializes in woodworking and hardware tools and is known for being inventor-friendly. companies that buy invention ideas
: A portal that connects inventors directly with brands looking for new products to license. : PepsiCo and General Mills actively look for
: Standard licensing agreements typically pay a percentage of net sales as a royalty rather than a one-time lump sum. : Standard licensing agreements typically pay a percentage
The following companies have dedicated systems for reviewing external product ideas:
: Before pitching, ensure your idea is legally protected, often through a provisional patent application.
Selling an invention idea usually involves your concept to a company in exchange for royalty payments based on net sales. Most established companies require you to submit ideas through a formal innovation portal rather than direct email. Top Companies That Accept Invention Submissions