Rapid Prototype Blog

Natasha:

Edison Nation has developed a patent-pending screening process for ideas submitted to their Live Product Searches so you may want to test your ideas out there. If the idea passes their internal review, it will be presented to the Search Sponsor (such as Walmart, PetSmart, Bed Bath & Beyond).
Below is an explanation of the Live Product Search Steps:
Stage 1: Submission Received
Your submission has been submitted successfully.
Stage 2: Pre-Screen
Your submission has met the minimum requirements of the search.
Stage 3: Initial IP
Your submission has passed our first round of competitive analysis and intellectual property review.
Stage 4: Research & Design
We review and benchmark your submission against competitive products. In some cases, our product designers may enhance your idea to take it to the next level.
Stage 5: Final Consideration
We benchmark your submission against the other submissions for the search. The best move forward for more in-depth intellectual property review (stage 6). Key review criteria include: market potential, price point, match for the search sponsor, and any other requirements defined in the search description.
Stage 6: Final IP Review
We perform a more in-depth analysis of competing intellectual property, patents and ideas in the public domain.
Stage 7: Finalists
This is our final review. If your submission passes this stage, it will be presented to the search sponsor for consideration.
Stage 8: Success
If your submission has passed this stage (the exclamation point turns green), it has been selected by the search sponsor to take to market. We will contact you directly with more details and send you your $2500 advance payment!
Enjoy your inventing endeavors!