Companies That Pay for Ideas 2022 and 47 Best Innivative Companies
– Companies That Pay For Ideas 2022 –
Have you recently had that eureka moment and wondered if there are companies that pay for ideas 2022? Is your invention or business idea groundbreaking and simply needs to be in the world?
If you’re the kind of person that has amazing ideas all the time but is never sure how to put them into action to make some extra money for yourself, this article on Companies That Pay For Ideas 2022 could be just what you need.
47 Companies That Pay For Ideas 2022
Here is the list you have all been waiting for, companies that pay for ideas 2022–or at the very least will probably engage in a discussion with you to further the idea along the developmental process.
In order to make this list slightly more navigatable I have sectioned it out the Companies That Pay For Ideas 2022 into categories:
This list of companies broadly operates in the industrial sector and produces products such as tools, hardware, and moldings.
If you feel your invention idea fits into this niche, then these companies are worth reaching out to for further discussions.
2. Tailor-Made Products
One of the leading custom injection molding companies in the Midwest. They began with affordable high-end kitchenware products and have now, as a result of working with inventors, expanded their range to include pet and hardware.
They are focused on penetrating multiple marketplaces and encouraging a drive for innovation.
Tailor-Made Products like you to be as complete as you can with your product and to be open to collaboration.
3. Worksafe Technologies
Providing engineering-supported products and services they are in the business of protecting your business. They live off open innovation preferring elegant solutions.
The company often deals with everyday inventors and designers, who have identified a problem that is not currently being satisfactorily solved.
Worksafe Technologies prefer to work with ideas that already have some proof of success with real users and not just an idea on a piece of paper.
4. Easy Do Products
This is another one of Companies That Pay For Ideas 2022. A British manufacturing company that primarily focuses on household cleaning products.
They have the full capability to take a product from concept right through to production. Most of their output focuses on injection molding but they are open to ideas that fall outside of this arena.
Offering a wide range of innovative and stylish designs this company actively engages with public submitted ideas via its website. Categories for design ideas include cleaning, tools, food prep, outdoor, frozen, and beverage.
When submitting an invention or design suggestion to Tovolo you must ensure your idea has a published patent number, otherwise, we will not review the suggestion.
This company has been leading in healthcare safety and technologies for more than a century and operates in sectors such as Diabetes Care, Medication Delivery Solutions, Pharmaceutical Systems, and Surgery.
They accept ideas in the forms of drawings and literature only and must be sent via physical mail. They typically take between 4 and 6 weeks to process ideas and respond.
This is a huge multinational conglomerate and is a science-based technology company committed to improving lives and doing business in the right way.
They have a large foothold in worker safety, consumer goods, and US healthcare. You can submit your ideas directly on their website but I do not advise this method.
The company does accept unsolicited ideas but automatically owns your idea upon submission–as per their terms and conditions. You should instead reach out and ask for an NDA to be signed before disclosing any details.
Headquartered in Philadelphia, Pennsylvania, Crown is one of the Companies That Pay For Ideas 2022. It manufactures metal beverage and food cans, aerosol containers, closures and capping, and specialty packaging.
This company is the leader in metal packaging technology and have operations in 47 countries. Also, they have an open innovation portal and have keen interests in shelf-life enhancement, improved manufacturing, new packaging technologies, and sustainable packaging.
You can submit ideas directly on their website and they aim to respond within 30 days of receiving material.
9. Hillman Group
Initially a fastener company, now a top provider of complete hardware solutions, offering a wide array of products.
Claiming to simplify the hardware buying experience and an industry leader to top home improvement and local hardware retailers.
Hillman Group is happy to utilize ideas that inventors bring to the table especially when they are backed up with some knowledge and experience.
10. Hyde Tools
A leader in specialized hand tools for homeowners, trade professionals, and industrial users. Hyde is often the brand of choice for many and the name is synonymous with innovation.
They love to work with inventors who have a passion for their ideas, especially when they have real-life experience with them.
Bosch is a German multinational technology and engineering company and has operations in consumer goods, mobility, technology, and energy.
This huge company is always looking to expand its portfolio of world-renowned designs through collaboration and cooperation. They even have a dedicated innovation submission portal where you can send your ideas.
This company prides itself on innovative and unique products designed to solve problems for its customers.
Kikkerland Design offers the world’s largest collection of ingenious items combining form, function, and delight.
They have a direct submission portal on their website for your ideas and pay royalties up to 5% for designs that are chosen to be produced.
13. Consumer Products
These companies mainly focus on consumer products and include some large multinationals as well as smaller operations.
14. Design Ideas
This is a product development and wholesale company that ‘plays hard’ to successfully create a full range of functional, fashion-forward, moderately priced home and office accessories, for the design-conscious consumer.
They have an in-house design team but are happy to take outside submissions. Design Ideas believe in teamwork to create and deliver wonderful products for all to share.
This is the parent corporation of the producers of Right Guard and Dial soap. They also operate the Henkel Partnership Program. This is a contest that they sponsor for budding inventors and innovators in technology.
They also encourage ideas that are environmentally friendly.
16. Sharper Image
This is a company that focuses on staying ahead of the game when it comes to technology, toys, and innovative gadgets.
They assign teams to do nothing but sift through the ideas that are sent to them by new inventors.
When you submit a new idea to Sharper Image, the company asks that you send them an email with a description of your product, as well as a picture or video.
17. Dorman Products, Inc.
This company specializes in hardware, houseware, as well as automotive products. Dorman is mostly a distributor of products but they are always looking for new items to add to their lineup.
If you are already producing your product, you can send them a 3D sample for consideration by their review team.
18. Jokari Home Solutions
If you are looking to sell invention ideas that fall under the category of houseware, Jokari Home Solutions is always looking for innovative ideas to bring to the market.
For those who have developed a new kitchen gadget or home organization product, you’ll want to consider submitting your idea here.
Jokari Home Solutions has a form on their website where you can fill out your information and submit it for consideration.
19. Coastal Pet Products
This company is dedicated to bringing the best pet collars and leads to the consumer. For pet lovers, this may be the perfect place to pitch your idea.
They are always looking for new product ideas that make life better for pets and their owners. If you have an idea for a new type of pet collar, this company will welcome the chance to look at your invention ideas.
20. Hearlihy & Company
Hearlihy & Company produces educational supplies for everything from drafting tools to Life Education and technology.
If your invention falls in this category, this would be an excellent company to submit your idea to.
21. Builders Inventions
If you are a tradesman and have an idea for a new tool, there are companies that buy ideas, such as Builders Inventions. This company specializes in producing tools that are invented by builders and tradespeople.
If you have an idea for a tool that would be useful for contractors and builders to use on their job sites, you can contact this company to ask about submitting your idea.
This is another one of the Companies That Pay For Ideas 2022. If you have an idea for a gadget that would be useful for outdoor recreation, Coleman is one of the companies that you will want to look at.
Coleman produces outdoor products such as camp stoves, tents, lanterns, and even camp trailers just to name a few of their products.
If you have an idea for an outdoor product that would fit with this company’s offerings, you can contact them and offer your idea for review.
23. Wild Planet Entertainment
Wild Planet Entertainment produces toys that encourage children to be creative. I meant their products to promote a child’s imagination and encourage them to explore the world they live in.
Wild Planet Entertainment is dedicated to manufacturing products that are safe, as well as durable, and fun for kids of all ages.
If you have an idea that fits within this company’s spectrum of products, they encouraged you to contact them and ask about their idea submission process.
24. Pro Performance Sports
This company produced the best in sports training products. If you have an idea for a product that you believe would be a good fit for Pro Performance Sports, they encouraged you to print a copy of their submission form and return it as directed on their website.
Dewalt is a leading hardware tool producer and the company’s online submissions system is always open for new product ideas to be put forward.
26. Cal-Van Tools
Cal-Van Tools regularly works with independent inventors when developing new automotive product ideas.
We can find the submission form on the company website and they offer competitive royalty rates to inventors.
It has recently teamed up with Evergreen Innovation Partners to make it easier for inventors to present their product ideas to the company.
They specialize in the production of office supplies, so if you have an idea in this area this could be a good place to submit it for consideration.
If you have an idea that you feel would fit in with the famous Mattel brand, you can submit this through the company website. Ideas for new toys, games, and baby gear are all accepted.
Unilever is a huge corporation and one of the biggest product developers in the world. This company specializes mostly in food and hygiene products and they are always looking to partner with new inventors.
They can submit ideas through the company website.
High-quality fitness equipment is the focus of Nautilus. They operate worldwide so if they pick your idea up, there is potential for it to be sold to a global market. Submit your ideas through the Nautilus website.
Wilson produces sporting goods and equipment and accepts new product ideas through their website. The submissions are regularly reviewed and they will be in touch if they feel yours fits in with their brand.
Fila receive a huge number of new product ideas and designs every day. However, many of these go unchecked or unused as Fila specifically states on their website that the only ideas they will consider must be patented.
They do this to prevent any confusion around compensation and it also serves to further protect the creator. If you have a patented idea, you can send this to Fila via mail.
33. New Balance
New Balance, one of the Companies That Pay For Ideas 202 has adopted a very similar ethos, also because of the high volume of unsolicited ideas they receive daily. We can send patented ideas for new products to New Balance using their online submissions form.
34. Knight & Hale
Knight & Hale are hunting equipment manufacturers and are always on the lookout for new, inventive product ideas. To submit your ideas to Knight & Hale, fill out their online form and wait to hear.
35. New Soda
Sending your product ideas to New Soda couldn’t be easier. Simply send the product details off to them through their website’s submission form. They look for products in a range of different categories, although currently, they specialize predominantly in kitchenware.
If you have a great idea for a new health or hygiene-related product, sending this into RB might result in your product being manufactured and sold in various countries across the world. It should make submissions through the RB website.
Escalade is another sporting goods produced and welcomes new ideas from independent inventors. You can send your idea to them through their website or you could call them.
38. Spectrum Brands
Spectrum Brands is a consumer products company that owns several high-profile global brands. They accept new product ideas in a vast range of categories such as home and garden, hardware tools, and pet care.
WillowWood works alongside clinicians and amputees to develop high-quality equipment and medical products.
Ideas for new products or developments on their current products are accepted by the company and can be submitted via an online form.
Products designed to aid post-surgical rehabilitation and orthopedic care are the focus of DJO Global.
If you have an idea that you think could revolutionize this industry or make a difference to someone’s life, these can be sent into DJO using their submissions form.
Medtronic also develops products within the medical field. If you have a product idea that falls within this category, you can send this to Medtronic via email or mail.
42. Applied Medical
Applied Medical is also committed to developing new, innovative products that can positively impact the work of healthcare professionals and in turn, the lives and wellbeing of their patients.
They welcome new product ideas or enhancement ideas for their current product range, and these can be submitted on the company website.
Hershey’s accepts new ideas for food products, although it is unclear from their website how their payment process works, and their terms and conditions state that not all ideas will be paid for.
Bear this in mind and perhaps consider contacting Hershey’s directly to request an NDA agreement before sending over your ideas.
As one of the world’s largest multinational companies, the Coca-Cola brand is recognized globally.
If you have a great idea for a new food or drink product, or ideas on how they could reduce plastic waste or revolutionize their products, get in touch with them through the company website.
Lear specializes in automotive technologies and develops new, innovative initiatives in this field. If you have an idea for Lear, they ask that inventors send these in through their website.
Fastcap is a successful product developer and retailer, providing woodwork and cabinetry as well as equipment and tools.
They receive a high volume of idea submissions and estimate that one in a hundred proves successful.
To submit your idea, you’ll need to record a video outlining your invention and upload this through their website.
47. Play with a Purpose
Play with a Purpose produces children’s toys that are designed specifically to help with developmental learning and the refinement of motor skills, balance, and physical ability.
If you have an idea that you think could be valuable, send it over through the Play with a Purpose website.
Protecting Your Ideas
While searching for companies that pay for ideas 2022, note. Below is how to protect your ideas:
1. Have a Patent
Having your idea patent-protected means that the invention cannot be made, used, distributed, imported, or sold commercially by any parties without your formal consent.
Essentially, once your idea is patent-protected, you are its sole owner and have exclusive rights to any developments.
Whether you need a patent will depend on the specific agreement you are entering into.
The company you’re looking to sell your idea to might already have measures in place to protect you and your rights. Alternatively, they might only accept patent-protected ideas as a way of preventing any confusion in the future.
If the company you are approaching with your idea does not give any details as to their specific protection measures, it’s always best to patent your idea just to protect yourself and reduce the risk of having your idea stolen.
If you want to get paid for ideas, then you’re going to have to put in some hard work. Most things worth having though require hard work, don’t they?
So if this is something you’re really interested in, consider contacting one of this Company That Pay For Ideas in our list above.