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How does Distil work?

Fri, Jun 03 2011 11:42:00
How We Can Help

Ideas, like crude oil, may contain impurities in its raw form. Crude oil can be processed into useful products such as petrol, wax and plastics in a refinery. Investors on "ideas2IP" is a part of the refinery who can help take potentially profitable ideas further by funding their development and protection or putting together an experienced team to build a prototype and conduct market validation.

Inventors can distil their ideas through "ideas2IP" and take a stab at turning dreams into the next big thing. Promising ideas may be improved, refined and shaped with investors' help into a form that has commercial potential, and along the way, devise means to protect and exploit the idea further.

With such opportunities, you do not have to quit your job to become an entrepreneur. Sign up as an inventor if you have not, and submit your idea. The brief description of your idea should describe the problem it attempts to solve without giving away the crux of the solution to preserve the novelty and hence patentability of the innovation. 

You will receive an alert if an investor is interested in your idea. Your identity remains unknown until you agree to provide more information to the investor who initiated the contactor meet up for discussions. You will be reminded to put in place several legal safeguards before proceeding to disclose further details of your invention or to negotiate terms.

Investors can evaluate the ideas submitted, contact inventors for more information. You will be actively alerted if you express interest in specific categories of ideas. Alternatively, you can browse through the ideas inventory at your own time.

  
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