Inventors Granted Financial Support

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Inventors Granted Financial Support by International Center for Technology Transfer, Inc.


(PRWEB) June 15, 2005 -- International Center for Technology Transfer, Inc., or ICTT, has developed a program to help inventors design, market, and manufacture their inventions. While providing support to the Tampa Bay Inventors Council, inventors across the country will now have access to advice from experienced inventors, legal knowledge, and financial support for marketing and manufacturing for a small one-time fee of $99.95.

International Center for Technology Transfer, Inc., host of the Tampa Bay Inventors Council for the past two years, provides inventors across the country with support for designing, manufacturing, and marketing their inventions, at no cost to inventors beyond a small one-time enrollment fee.


“Most inventors don't have much experience in getting their ideas to their intended market, and have lost money, time and hope through unscrupulous Internet and TV promoters whose claims far exceeded their ability to perform,” said Paul Simmons, Director of Research and Development at ICTT. “Our network of invntors have successfully filed patents, developed prototypes, and gone to market, and their invaluable advice will help new inventors do the same.”

To initialize the process, the inventor first submits a $49.95 payment, entering his or her project into the system. The inventor reads, signs, and returns the confidentiality/non-compete agreement to ICTT with the confidential information describing or outlining his or her invention.

The $49.95 covers a preliminary patent search, a peer review evaluation, and a preliminary market research report, which includes the estimated cost of manufacturing and the proposed retail value. If the idea or product is deemed to be patentable, the peer review is positive, and the preliminary market research indicates that there is a mass market or retail market, the inventor has no further obligations and will receive the five items covered by the $49.95 deposit. This package in itself is worth more than $1,000.

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As outlined in the confidentiality/non-compete agreement, once the idea, concept or product is submitted along with the $49.95 deposit and ICTT agrees to proceed with the project, the inventor is obligated to pay an additional $50 to allow ICTT to proceed to the contract phase. Regardless of how much it costs to manufacture and market the product, once ICTT accepts the project for development, there is no additional cost to the inventor.

International Center for Technology Transfer, Inc. offers many services to help inventors achieve success, including:
- Idea or concept evaluation
- Patent searching and filing assistance
- Prototyping and product design services
- Graphic design for marketing materials
- Investor relations and merchant services

To learn more about the benefits inventors can enjoy by teaming up with ICTT, visit www.ICTTinc.com or call 727-547-5450. A free copy of the confidentiality and non-compete agreement is available online.

About International Center for Technology Transfer, Inc.
Extending its services while continuing to host the Tampa Bay Inventors Council, ICTT has established a large pool of inventors who provide new concepts and products to meet the constant and growing consumer demand for new products and ideas. ICTT provides prototype shops, marketing services, and financial support for marketing and manufacturing to assist inventors in meeting this demand.

As an Inventor, it pays to keep abreast of what is new, what is selling and which retailers are showing the most new products. From such information, a creative mind can always come up with new, innovative ideas.

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