Prices

   Every invention has its own advantages and disadvantages and the number of paths to bring a product to market are too many to list.  The contracts dealing with the proprietary art are negotiable to some degree. For specific questions please contact:
InventionMakerstm (352) 331-0041

Price Summary

Invention Disclosure filed
at US Patent office
$55 (do it yourself for $10)
InventionTech Evaluation $79
Standard Patent Search $99
Extensive patent search $275
Second Third Party Evaluation $99
Mass Market Evaluation+
(Third Evaluation)
$275
25% ownership Patent $1,950 + PTO issue fee
50% ownership Patent $3,500 + PTO issue fee
75% Ownership Patent $5,250 + PTO issue fee
100% Ownership Patent $7,500+ PTO issue fee
Marketing (issued patent) $250 + 25% commission
to  35% commission
Engineering Design Work $85 per hour (free with patent & and FAST TRACK program)
CAD Work $40 per hour (free with patent & and FAST TRACK program)
Prototyping Work $40 per hour (free with patent & and FAST TRACK program)

 

INDEX FOR PRICING INFORMATION:

 


Patent Search

We suggest doing the patent search in steps. Doing the Standard Patent Search should be done first since it will cost the least. If an invention like yours is found, InventionMakers may still be able to invent around it, making patentable improvements. If no patent is found, the next step will be to do an Extensive Patent Search to actually prepare for a patent application.

  • Standard Patent Search $99 (Includes first page of similar patents and full search results. This cost is applied to the Extensive Patent Search.) THIS COST IS APPLIED TOWARD THE FEE TO CONDUCT A PATENT APPLICATION.
  • Extensive Patent Search $275 ($176 if Standard Patent Search is done by InventionMakers; Includes copy of full patents found to pertaining to the invention field and complete search listing.. Cross referenced patent search to reduce chance of an important patent being missed in old expired patents) THIS COST IS APPLIED TOWARD THE FEE TO CONDUCT A PATENT APPLICATION.

Patents are issued according to their actual design structure, but they are categorized according to their type of function and to a lesser extent there defining structure. Thus, by just using key words which describe your invention we can prepare a list of patents that contain these words. You can then go through the patents and determine which ones look like they would be close to your invention. However, it is always better to know exactly what the invention is when doing a patent search. For the Extensive Patent Search we will need to know exactly what your invention is. In this case, a NON-DISCLOSURE AGREEMENT will need to be filled out to protect you and us from misunderstandings.


Mass Market Evaluation

We conduct the mass market evaluation in three steps after a patent search has been done to assure the invention is new.

   1) First we conduct an in-house First Evaluation of the invention. This is a review of the products good and bad points for a general marketability of the invention. We normally reject 80% of inventions at this stage, as not being very promising as a commercial product.  The reasons for rejection very greatly.

   2) If the invention gets a favorable review with our First Evaluation we will recommend that the inventor has a Second Third Party Evaluation for the invention. This is like a second opinion and can save you a lot of money in the long run.  The evaluation company we use tends to be much picker than we are on our first evaluation and can detect fatal flaws in a product that others may miss. Our Third party reviewer rejects approximately 75% of those inventions passing InventionMakerstm First review.

   3) Finally, if the invention passes these first two evaluations, we often recommend having a Third Nationally known Evaluation conducted.  Only a few places in the US can conduct these prestigious evaluations and industry takes notice of any positive outcomes of this review.  This
Mass Market Evaluation is conducted through licensed representatives for the evaluation.  InventionMakers
tm may also require an additional small fee to prepare the paperwork and presentation for this evaluation.  An endorsement at this level carries a great deal of weigh when looking for a manufacture. With a favorable response from these evaluators, your invention can receive backing and money to bring it to market.

 


Utility Patent Filing

Once a patentable design has been invented by InventionMakers we can move on to preparing the patent application. Preparing the application can take as long as 3 or 4 months depending on the complexity of the patent, though 1 month is more typical. Below is a chart that shows your costs depending on what percentage ownership in the patent you want.

Your Percentage Ownership of patent

Cost to you

Refund to you if the patent does not issue

25% $1,950 + Issue PTO Fee $1,950 less $275 for patent search
50% $3,500 + Issue PTO Fee $3,500 less $275 for patent search
75% $5,250 + Issue PTO Fee $5,250 less $275 for patent search
100% $6,900 + Issue PTO Fee $6,900 less $275 for patent search
*United States Patent & Trademark Office (US PTO) Issue Fee are not assessed unless the patent is allowed.

It should be noted that government fees change frequently and may be different at the end of the patenting procedure than at the start. The filing Fee, prosecution Fees, and other Misc. fees are paid by InventionMakers and there are no other hidden costs. At the end of the patenting process the inventor will pay the Issue fee. This fee is only paid when the patent office has decided to issue your patent. You will pay this fee directly to the Patent and Trademark Office (PTO).


Prototyping

The costs associated with prototyping will very depending on the complexity of the invention. InventionMakers will provide FREE engineering services for its clients to develop a prototype, however, the inventor will be responsible for third party prototype construction costs should InventionMakers not be able to construct the prototype in house. These prototype costs are not compulsory, and it are at the inventors discretion to contract this type of work.


Engineering

Good News! All engineering costs are free for clients under contract.


Manufacturing

Manufacturing costs can be very expensive and very complicated. For a better understanding of these costs please go to the Manufacturing section of this Web site.


Marketing

We handle these costs for you as one of our Client under contract.

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