24 Nov I’ve been an at home inventor for many years and I have a lot of good ideas that I would like to sell, but I don’t want to put my ideas in a business plan so they can be stolen. How do I protect my inventions and still get people to invest in them?
There are several ways to do this. The easiest way is to get a patent on the invention in question, but this is a lengthy and expensive process, often taking months and thousands of dollars. You can fill out a Provisional Patent Application (PPA) which will cost you approx. $75 and a few hours of your time, and will allow you to have protection on your ideas for 12 months, affording you all of the legal protection that entails and giving you a year to show off your ideas and find the investors you need to make it stick. Watch the time clock closely regarding your 12 months.