The Charlotte, North Carolina, entrepreneur wants to do something about that. His company announced on Wednesday a $25 million initiative dedicated to bringing individuals' innovations to the marketplace.
Inventors can submit their ideas to the Edison Nation Innovation Fund (www.edisonnation.com) for $25. No other money is required from them to develop the ideas, and they will share the royalties if the product succeeds.
"We're really greasing the rails. We're making it easier for those great ideas to finally get in the hands of companies," said Foreman, CEO and co-founder of Edison Nation, a search service that matches retailers' product requests with inventions.
To read the full, original article click on this link: North Carolina business to invest $25 million in inventions | Reuters
Author: Colleen Jenkins
