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Startup Compass

Startup Compass

Startup Genome - cracking the code of innovation Privly · Welcome FrontPage Inventors' handbook Disclosure and confidentiality Know the important difference between protecting your idea against disclosure and protecting your idea against infringement. Proving the invention Prototypes are necessary. Plan and control your prototyping activities so that you can prove your invention. Building a team and seeking funding To convince others that your invention is a business opportunity with excellent investment potential you may need a team that demonstrates a range of skills. Finding and approaching companies Finding the right companies to approach, and approaching them the right way, is important if you want a licensing agreement with a company. Novelty and prior art At least one significant part of your invention's technology must be completely new. Assessing the risk ahead Ask yourself the vital question: "Is there enough evidence to justify taking my idea any further?" Protecting your idea At some point you must legally protect your intellectual property (IP). Business planning

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