Great ideas can come at all times of the day, but often the Lunch Hour is the time we seem to be able to work on “our ideas.” Well the EN community certainly showed us that they have made their lunch breaks productive!
Our teams have worked through the review process, which culminated in an intense final meeting last Tuesday where we used a blind scoring process to tabulate submission grades, and we have been very impressed with the quality and potential of the submitted ideas. We have two submissions that will be announced as selected innovations for the Lunch Hour 2 Live Product Search, but we didn’t think that was enough. We have a second tier of submissions that we feel have potential and are deserving of recognition. For that reason, we will opt these ideas into the Insider Licensing Program FREE of charge.
The licensing team has already been hard at work on many of the ideas submitted. We’ve created licensing presentations that have been deployed and shared with potential commercialization partners, and with the announcement of the selected inventors, we will also share some exciting news about the deals that are in place or are close to being finalized for those products to go to market.
We are confident that many of the ideas in this next tier may also end up with the right partner and with a great deal. We will soon be contacting the inventors behind those ideas to confirm their acceptance of our free opt-in offer for the Insider Licensing Program.
A momentum has been building with more and more licensing deals getting secured here at Edison Nation, and we are excited about the deals that will blossom out of the Lunch Hour series!