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Commercial Partners: How Inventors Can be Advocates for Their Technologies
Bryan Ritchie, Associate Vice President for Research Commercialization& Director, TVC
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Inventors Guide to Interacting with Industry or Investors
• 1. Protect Your Idea. Contact Technology and Venture Commercialization (TVC) first.
• 2. Proactively Seek Opportunities. Interact with companies at conferences, technology showcases, partnering events, venture fairs, and via publishing papers.
• 3. Basic Marketing Details. Explain your idea simply, in less than a minute.
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• 4. Keep It Simple. Don’t get too technical when discussing your invention.
• 5. Show Enthusiasm. It’s your idea and you believe strongly in it.
• 6. Find Out What They Want. Listen to their needs, desires, and frustrations.
• 7. Keep Marketing Materials Handy. An opportunity may arise at any time to discuss your invention with someone.
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• 8. Exchange Business Cards. Get their information and promise prompt follow-up.
• 9. Keep TVC In The Loop. Share contacts and other information with TVC.
• 10. Stick With It. The commercialization process can take considerable time and commitment, which requires patience and perseverance.