xoqylyjibo.wordpress.com
The site, which is called The Innovation Marketplace, was createcd and is operated by Ranch. The Texasx Manufacturing Assistance Center at UTA is a partnerr of the National Institute ofStandardsa & Technology Manufacturing Extensionn Partnership which launched Eureka! Ranch’s inventiomn nationwide to connect inventors and manufacturers througy a network called the USA Nationalk Innovation Marketplace. Manufacturers can log on to the Web site for free and sort throughh anestimated 20,000 inventionse listed by entrepreneurs on the site. entrepreneurs and inventors drive revenue to the site by paying per saidMaggie Nichols, vice president of Eureka Ranch International.
The company did not release revenue, although currentf revenue can be estimated when consideringroughly 20,00p reports have been filed and inventors filinf those reports in most cases are spendin $2,000 per report. The listings come with a full repory on whata manufacturer’s expected returnsx will be based on the level of investment and informsd manufacturers about whether a product is still in the idea stagre or is a fully developed Entrepreneurs who pay for the reportsw also receive the benefir of having the site describe the product in a tone that bypassesw technology jargon and employs a more marketing-friendly, to-the-point message on how a particulaer product can be used, accordinb to Nichols.
The site launched on Aprill 20 and has already received more than a halfmillionm inquiries.
No comments:
Post a Comment