49 Companies to Get Paid For Invention Ideas Today

Last updated on September 21st, 2024 at 10:28 am

 

Many companies out there are looking for business ideas to help them keep up in the competitive business environment of today. With creativity at hand, you can get paid for invention ideas that can bring an impact in any industry.

This is not about your level of experience or educational background, as long as you can present a viable idea for a company you are set for business. Whether you want a one-off payment for the idea or a business partnership, a list of investors is willing to accept your request.

Different companies accept product and service-based invention ideas from inventors that have been proven to work for business purposes. Sure, you must present potential ideas companies can easily absorb to get paid.

In greater detail, we are going to look at some of the best companies where you sell your ideas and the best ways to do it successfully.

How to Come Up With Successful Invention Business Ideas to Sell to Make Money

Coming up with a viable business idea is a process and there are things you must understand to be put into practice to be successful as below.

• Document the Idea

Developing an idea is a process and you must keep a record of any details for future reference. Companies would want to look at the write-up of the business idea in place before doing research and making any financial decisions.

• Research the Invention Idea

You don’t want to waste your time on ideas that won’t work and are already in the market. Researching the industry to understand the market and present potential business ideas is what will give you an edge in the industry.

• Design a Prototype

After putting the idea in writing, come up with a sample of the potential product you want to sell to investors or companies. Most companies prefer looking at the model item you want to sell to them rather than documentation.

• Patenting

Patenting protects the business idea from any illegal practices from competitors, but this depends on the interests of the designer. If you want to be paid a lump sum amount for the idea you just need a provisional patent compared to an inventor with a long-term business partnership.

• Marketing

Let companies know about your idea using different platforms to get paid or funded when they get interested. Get access to a variety of funders through Crowdfunding platforms willing to pay or invest in the business idea.

Best Companies That Pay For Invention Ideas

Do you have an idea to sell but don’t where to start? This detailed write-up of companies that pay for invention ideas of different products is all you need to set off.

1. Sharper Image

Whether you are living in the United States or not, Sharper Image the home of tech gadgets like electronics and several home appliances is looking for the best ideas to boost its business worldwide. If your creativity is in line with the business’s interests, this is one of the best places to start.

Like any company, you can reach out to their business team with your idea for business purposes. Make sure to give a thorough description of your idea through their platforms to be considered for review and approval.

2. Henkel

This company specializes in three main areas of business which include beauty care, laundry, and adhesive technologies. Schwarzkopf, Persil detergent, and dial are some of the core products of the business.

Henkel welcomes technological patented product ideas and more in line with business interests. The company has supported quite several inventors from different backgrounds with creativity and innovativeness.

Henkel innovation partnership programs are designed for inventors to showcase their ideas for approval to get paid. If you are ready to get in touch or partner with the company to sell the idea reach out to them for business through their platforms.

3. Under Armor

This is among the top performance apparel brands designing, marketing, and distributing products for athletes in the industry. This company pays for ideas brought up by inventors to improve the lives of athletes living in the United States of America.

Under Armor wants you to provide a detailed description of the idea and your details to be reviewed and approved for business purposes.

4. 3M

The company specializes in adhesive technologies and office supplies in the industry and with expert knowledge in improving the health and work-life of clients. Any creator with a viable patented business idea can reach out to the company for business.

You need to make sure that you present a well-researched business idea worth getting paid on approval. I don’t know about you, but signing a non-disclosure agreement is ideal here.

5. Bosch

This company produces power tools, home appliances, security gadgets, and a list of several other tech products. Bosch is also among the top list multinational engineering and technology companies originating from Germany.

Inventors with brilliant ideas to make the company succeed in every aspect of business their contributions are most welcome. When you submit the product idea for review it takes one month to get feedback from the support team.

However, before sending your idea to Bosch or any other company for review consider pitching best practices to succeed.

6. Dorman Products Inc.

The company deals in hardware, homeware, and automotive products for use in our daily lives. Any product ideas from inventors and creators in line with business goals can be submitted for review before approval.

Yes, new product ideas are coming up every day to the company but not all are accepted that is why you need to do thorough research about the business idea to fit business interests to succeed and get paid for your effort.

7. King

If you are into gaming and app development, another great company to work with to get paid for your creativity is King. This is the company that was behind Candy Crush mobile app development in the gaming industry.

Don’t let your app development ideas get lost in the air when you can sell them out to successful companies like King in the gaming niche. When your idea gets reviewed and approved successfully you can decide on how you want to get paid whether royalties or one-off payment.

Many developers are out there with great app ideas in the gaming niche but don’t know where to start, let king get into your priority list of companies to consider selling ideas.

8. Jokari Home Solutions

This company deals in a variety of household solution gadgets like kitchen products and storage items for home use. You can present that brilliant business idea to the company in line with improving their standards and productivity for review.

When the idea passes the review test you are contacted by the company representatives for further business dealings concerning payments and other legal proceedings.

9. Proctor & Gamble

This company has been around for centuries and it is among the largest producers of consumer goods brands.

You can’t talk about top companies without mentioning Proctor and Gamble on the list. The company specializes in consumer laundry items, kitchens, and other household products.

If you are living in the United States and Europe at least you must have used some of the items from the company, it has branches in different parts of the world.

Let the company get to know about your creativity and innovativeness in the consumer goods niche through their inventor’s page to review your ideas for approval to make money.

10. Flippa

Whether you are into software development, web designing, coding, and several other online dealings for money, this is also another place where you can start. Some developers are making a pretty good income through the company with their ideas.

Compared to other companies, with Flippa you receive all your earnings without interference from mediators despite the insignificant listing charges.

Start listing your ideas on Flippa with creativity and innovativeness to get paid an income online no matter where you are around the world.

11. New Soda

This company is in the kitchen niche manufacturing a variety of products for use. It is one of the companies highly in need of new ideas from inventors to boost business.

You don’t want to miss out on any opportunities available with your ideas in place, right? Submit the idea for review with a prototype in appropriate packaging for review and approval to start getting paid as decided in the terms of the contract.

12. Crown

You have a lot of product packaging ideas to showcase to buyers, right? Crown is a company that welcomes ideas related to metal closures, food cans, and metallic containers of different types.

Creativity for packaging process innovations in food and beverages, transit packaging, and fast-moving consumer goods are among the most paying.

Submit your business idea to the Crown Innovations page for review and approval to start making money from your creativity as agreed in the terms of the contract if any.

13. FastCap

The company specializes in manufacturing woodworking products and tools for woodworkers in business. FastCap the company name was derived from the invention of a self-adhesive screw cap by a veteran woodworker.

Check out the FastCap inventor page to submit your woodworking trade ideas in video format for review and approval to start receiving royalties of up to 5%.

14. General Mills

The company manufactures and markets processed consumer goods for sale to retailers in the United States of America and its neighbors. General Mills deals in a variety of consumer brands for example Pillsbury and Cheerios.

Ideas with solutions to challenges in business are very welcome from different inventors for review and approval for consideration. Reach out to the company by email or phone contact.

Therefore, with the best idea reviewed and approved you will be contacted for further business dealings to start earning money.

15. Mustang Survival

When it comes to water rescue items and military gear for use, Mustang Survival is among the leading manufacturers. You might be there with a brilliant idea to help improve the business, let the company get to know about it.

I don’t know your area of expertise but if you are into designing and fashions for the end user, bring your idea to be reviewed by the Mustang team for consideration.

Yes, Mustang Survival is open to whoever has an idea that adds up to the company to achieve its long-term business goals.

16. Unilever

Another great company to sell your ideas related to beauty and well-being, personal care, home care, and nutrition products is Unilever. The company manufactures and distributes products, it has been around for decades with branches in different parts of the world.

Present your business idea to the Unilever inventor page for review and approval for consideration and when it succeeds you can get paid.

Despite how long it has been around, the company is still looking for better ideas to improve its brands in the market. Some brands by Unilever include Clear, Dermalogica, Axe, Dove, Cif, Comfort, Hellman’s, and Knorr.

17. Avery

The company majorly manufactures office, home, and self-adhesive supplies in the business. This is another great place to sell ideas with your creativity and innovativeness to get paid.

Let the company get to know about your patented business idea to get reviewed for approval to earn as agreed in the contract. Contact Avery Care Center via email to submit your invention for consideration.

Are you stuck with ideas in line with Avery’s interests? They are willing to pay for your time and creativity to boost their sales, products, and company image in different states.

18. Quirky

Bring your beautiful ideas to life with quirky with to get paid money on every item sold. Yes, you are paid 1.5% in royalties for your inventions and that is per item sold out as a quirky product in the market.

Give in your invention ideas on a filled-in form using the quirky submission page and any successful idea will be turned into a product for distribution to different stores for sale to start earning.

Like any other company on the list, reviewing and approving the business idea may take some hence you need to be patient for things to play out as you wish.

19. Oxo

Do you have a lot of ideas related to office supplies, housewares, and kitchen utensils? This manufacturing company welcomes ideas fit for their business from inventors.

Sure, any inventor with product ideas that will improve people’s lives can make submissions to the company for consideration.

Business ideas can be delivered in different formats for example as pictures, videos, and handwritten to the inventor page. The company will review the product idea for approval and when it successfully goes through you will be contacted for further business proceedings.

Still searching for a place to start selling your ideas for a living? Inventions in line with Oxo’s interests are warmly welcomed for review.

20. Tiny Love

Whether you are a parent or not with great invention ideas around kids and baby toys, Tiny Love has an interest in your creativity and innovativeness. This company produces a variety of baby products for different stages in the market.

Present well-researched invention ideas around baby products to the company to be reviewed for approval. Tiny Love accepts submissions from inventors and creators willing to grow together with the company.

Get in touch with the Tiny Love inventor support team through their new idea page for submissions and further inquiries.

21. Dr. Brown’s Baby

This is also a great company to showcase your baby product ideas to make money from your creativity. Dr. Brown’s Baby is a baby bottle manufacturing company that has been around for almost decades since its inception.

The company is commonly known for innovative baby products that promote good health and optimal nutrition, in the United States it is one of the leading pediatric-recommended bottles.

Though it is among the leading manufacturers of quality baby products in the industry, the company welcomes ideas fit for the company from different inventors to be reviewed for approval to partner in business.

22. Hasbro

Are you into entertainment and gaming? If you have creative ideas around designing games, interactive software toys, puzzles, and other related items Hasbro is among the best places to start showcasing your inventions for consideration to make money.

However, to get in touch with Spark Hasbro representatives to submit your details and product description you must be an adult.

The company will receive the submission to be reviewed for approval. After all is done, you will get a response from the company depending on the outcomes of the review process.

You want to make money with your inventions, right? Let Hasbro turn that idea into a product for sale.

23. Hillman Group

Hillman Group is one of the leading manufacturers of hardware supplies in the industry. If you have creative ideas about building solutions this is another great place to start.

The company deals in quality fasteners like screws, bolts, washers, and other related items. Despite the success of the business, they welcome inventor ideas fit for their success in the industry.

Get in touch with Hillman Group representatives to submit your idea using their form to review the invention idea. When the idea is reviewed and approved inventors are contacted for further negotiations.

24. Easy Do Products

The company deals in manufacturing homeware and cleaning equipment in the industry. Easy Do Products is found in the United Kingdom turning great ideas from inventors into products for the end user.

Bring great ideas about improving cleaning equipment and homeware to the company for review by representatives for consideration. When your invention idea gets approved you are contacted for serious business and legal proceedings to get paid.

It is also another great company on the list that never disappoints inventors with ideas that are worth some rewards in terms of money as agreed.

25. Play For Purpose

It is a company that manufactures outdoor play and classroom toys for children’s learning. With toys from play for purpose, children use them to pick up catching, throwing, and jumping skills fast.

Despite being successful in business for years, all is achieved by taking advantage of creative inventor ideas to improve their products in the market.

If you have great invention ideas worth reviewing for consideration get in touch with the product development team at play for purpose through their website or direct phone contact.

The invention idea should match the interests of the company to be reviewed for approval to get into serious business for money with the inventors.

26. Escalade

This company is into manufacturing sports equipment in the sports industry. They are amongst the best producers of quality sportswear around the world.

Escalade is welcoming invention ideas from inventors willing to make money out of their creativity and innovativeness. Submit your ideas to the company representatives to be reviewed for approval.

When the business idea passes the review test and is approved, escalade contacts the inventor to come along to get into a contract to get paid for work done. Make the most out of your inventions in the sports industry with Escalade.

27. GungHo Online

GungHo Online is a great place for gamers with creative ideas in the gaming industry. This Japanese company develops popular games like Ragnarok Online and more.

If you have great game app ideas to sell, this company wants to get better than before since there is a lot of competition in the gaming niche. Submit your idea to the company’s inventor page to be reviewed for approval.

Make sure that the invention idea presented matches the interests of the business to qualify. Let your gaming ideas come to life with GungHo Online Company.

28. Fat Brain Toys

Fat Brain Toys is also among the leading manufacturers and retailers of games, gifts, and toys of different types. All inventors and creators with creativity can submit sample ideas to the company to be reviewed for approval.

Fat Brain Toys welcomes ideas in different formats whether samples, script ideas, or pictures for review. And when the idea is successfully approved the company immediately contacts the inventor for further business dealings.

The company has a responsive support team for inventors who need guidance on how to successfully make submissions for consideration. Turn your invention ideas into products with Fat Brain Toys to make money.

29. Allstar Innovations

Allstar Innovations is one of the most diversified companies welcoming product ideas from a wide range of categories like beauty, automotive, storage, pet products, and more.

This company has around been for over 20 years in business with some of the most popular products like Vanity Planet and Debbie Meyer Green Bags. Allstar Innovation partners with big names like Amazon, Target, Walmart, and CVS in business.

Submit your product ideas to the Allstar Innovations inventor page in a four simple steps process to be reviewed for approval. Compared to other companies, here you are required to submit details of the product idea within one hour using the inventor page.

30. Invention City

Invention City is also one of the companies with experience of up to three decades in business welcoming a wide range of invention ideas. When product ideas are received to be reviewed for approval, successful inventors are licensed for almost ten years depending on the terms of the agreement to receive royalties.

Submitting the invention idea for review at Invention City comes at a fee of $95 per submission made to the inventor platform. The review and approval process requires patience since it takes time to get a response from the company representatives.

Therefore, if you are a creator with ideas for office tools, home appliances, mobile apps, and more your creativity is most welcome at Invention City for business.

31. Coca-Cola

If you are looking for companies that have been in business with experience for decades, Coca-Cola should be on the priority list. This is one of the largest multi-national beverage companies with branches in different parts of the world.

Despite the success of the company, it is one of those businesses buying creative ideas from inventors. Coca-Cola doesn’t welcome ideas around tempering with their make and marketing techniques.

You need to check out the company page for acceptable product ideas like waste management and recycling and new beverage formulas.

32. Mobile Appfund

You are into software development and looking for companies to partner with to bring that app idea to life, right? Mobile Appfund is a great place to start when you want to present your creativity for money.

Successful creators approved here receive funding of up to $1 million in startup capital for business. The company accepts inventions of different niches from a variety of inventors to be reviewed and approved for investment.

Whether you are into Virtual reality, daily use apps, payment integrations, streaming services, and more mobile Appfund is interested in those ideas to improve people’s lives using technology.

33. Lear

Do you have great product ideas that can improve the lives of drivers? If yes, Lear is amongst those companies that buy potential ideas from inventors to keep providing the best in the market.

Lear is commonly known for producing quality electric systems and automotive seating in the industry. However, relying on inventors and creators with great ideas is part of what has made them stay in competition for a long time.

Submit your business idea to the company to be reviewed for approval. Successful applicants are contacted for further business dealings to start getting paid.

34. Eco-Products

The company specializes in the production of eco-friendly food service products for example cutleries, deli containers, cups, and several other packaging items.

You have great ideas that relate to the elimination of single-use packaging to protect the environment, right? Eco-products are badly in need of your creativity and innovativeness to help out in attaining a zero-waste-free future.

Bring in your invention to submit it to an idea page of the company to be reviewed for approval. The process takes some time but when your ideas go through successfully you are reached for further business dealings to start getting paid.

35. Far Out Toys

Another company into toys and games for kids to sell your ideas to make money is Far Out Toys. Try to do thorough research about the product idea you want to present to the company whether it is not yet available in the market.

Being among the fastest-growing companies, they welcome ideas from inventors and innovators to improve their products to keep ahead of their competitors in business.

The company has a Contact Us page where you can submit your ideas using their submission form to be reviewed for approval.

36. Spin Master

Heard about Rubik’s Cube, Kinetic Sand, and other similar brands in the gaming world, right? Spin Master is the company behind all these inventions and innovations.

This toy and entertainment start-up with big brands in the industry originates from Canada welcoming ideas from inventors to improve its business.

Reach out to spin master through their inventor page on inventorrelations@spinmaster to submit your ideas to be reviewed for approval. All successful applicants are contacted for further business dealings.

Like other companies, the review and approval process may take some time before getting back to the inventor for positive or negative feedback.

37. Oak Patch Gifts

Get paid for your creativity around gifts in the industry with oak patch gift manufacturers. This company’s success is much related to spotting ideas from individual inventors providing them with a competitive edge of ideas for the industry.

If you have fun and unique gift ideas to present, Oak Patch Gifts will welcome your creativity. Submit your ideas on a contact form to the company to be reviewed for approval.

Besides, bring ideas that are not yet into the market to raise your chances of succeeding when you submit to the company. The review and approval process takes quite some time but when your idea is successful you are contacted for business.

38. Sklz

Sklz is a company manufacturing athletic training products in the sports industry. Some of the items produced by the company include training balls, mini bands, massage tools, and more.

If your invention ideas fit the interests of the company to improve its products to offer the best in the market, reach out to them through their Contact Us page to submit for review and approval.

Sklz will review the product idea for some time and when you pass the review test you are contacted for further business.

39. Coastal Pet Products

This company mainly deals in manufacturing and distributing different types of pet products to retail stores. They design products that suit the lives of all pets within their interest to capture their target audience for business.

Pet Costal Products welcomes ideas from pet lovers with creativity and innovativeness to improve their products in the industry. Let the company get to know about your invention ideas in line with the interests of the company for consideration.

Costal Pet Products doesn’t sign a non-disclosure agreement hence patent the invention idea before submission for review. The company will take some time to give you feedback but whether the idea is approved or not, you are contacted to inform you about the outcomes.

40. Cal-Van Tools

Another company to sell ideas to make money with your creativity is Cal-Van one of the leading manufacturers of tools used by technicians for example circuit testers, harmonic balancers, arm pullers, inspection mirrors, removal adapters, and more.

Do you have some invention ideas about making unique tools or improvements to existing ones? Reach out Cal-Van tools to submit your ideas to be reviewed for approval.

When the idea submitted is successfully approved you can start earning passively as agreed in the terms of the agreement.

41. Architec Brands

The architec is a team of brands dealing in manufacturing eco-friendly food preparation tools, houseware, kitchenware, and other similar products.

If you have great ideas that can be taken up by the company to improve its products in the industry present them for review. You need to have a thoroughly researched invention idea presented to be successfully approved.

When your idea passes the review and approval test, Architec Brands contacts you for further business proceedings. Make the most out of your creativity and innovativeness from a collection of brands for diversified earnings.

42. Coleman

If you have invention ideas related to outdoor recreation products, Coleman should also be on the priority list of companies where you can present your creativity and innovativeness.

The company originates from the United States of America and it is one of the leading manufacturers of camping gear and equipment. Some of their main products in the market include tents and canopies, sleeping bags and beds, lighting, grills, and stoves.

The company also welcomes great ideas intended to improve or bring about new products in line with their interests. Let Coleman Manufacturing get to know about your creative ideas by making submissions to their inventor page for review.

43. New Balance

New Balance is one of the companies that has been around for over a century since its inception. As one of the leading manufacturers of sports footwear and apparel, it distributes to over 100 countries.

For consideration, bring your patented ideas to the company for review and approval. If the idea is successful inventors are contacted for business dealings to make money.

Make use of the idea submission page to get access to the submission form and other requirements to present your ideas in the most effective way possible.

44. Swimways

Swimways is a company that deals in manufacturing swimming gadgets of different types in the industry. It welcomes potential business ideas intended to improve the lives of its clients to boost their business with a competitive edge.

Swimways offers a variety of swimming products in the market like floats, pool toys, and confidence-building baby products. Let the company get to know about your creativity and innovativeness for consideration.

Your invention idea has to be reviewed and approved whether it meets the interests of the company. Successful ideas are then turned into products or used to improve their products in the market.

45. Planetary Design

Are you a great fan of coffee no matter where you are? Share your thoughts with planetary designs to help them out in providing the best in the market.

The company deals in manufacturing coffee brewing products, beverage and food storage items, and more for different occasions.

Whether you are their client or not, come along with that brilliant idea that can improve customer experience while using their products. Invention ideas from inventors are reviewed and approved for consideration.

Planetary Design is waiting to hear from you, why not try them out with your ideas to make money?

46. Wham-O

This company is located in the United States of America manufacturing and marketing toys for several decades. Wham-O is popularly known for products like Slip n Slide, Trace-Ball, Frisbee, Silly String, and Hacky.

If you think you can make a difference at Wham-O with those great ideas, don’t hesitate to submit your details to the company representatives for consideration.

Spotting ideas from different inventors is part of what has made the company achieve its long-term goals in the industry. Let the company get to know about your creative ideas by reaching out to them through their inventor page.

47. Fliptopia

Another marketplace like Flippa is Fliptopia where you can sell and at the same time buy app ideas. List those brilliant app ideas with Fliptopia for sale to make money.

As an automated exchange for the purchase and sale of apps in the industry, it lists and adjusts prices on apps. If you are looking for platforms to sell your app ideas, Fliptopia should also be put into consideration.

48. BowFlex Inc.

This company is in the United States of America and is one of the leading marketers, developers, and manufacturers of fitness equipment around the world. BowFlex Inc. formally called Nautilus is popularly known for its big-name brands like Schwinn, JRNY, and BowFlex.

Bowflex is welcoming ideas from inventors with creativity and innovativeness in the fitness sector to improve its competitive edge in business. However, before submitting to the company your business ideas should patented.

49. Lego

This company based on the iconic Lego brick has been around for decades and is among the leading manufacturers of play materials worldwide. Lego has it all when it comes to manufacturing interlocking plastic brick toys.

They also allow inventors and clients to bring in their Lego set ideas for consideration to improve their products in the market. Reach out to Lego via the website to submit your invention to be reviewed for approval to start receiving royalties.

FAQs – Companies to Get Paid For Invention Ideas

• Is Possible To Make Money Selling Ideas To Established Businesses?

Sure, most of the companies listed here have been around for decades and welcoming ideas from several inventors is part of what has made them achieve their business goals. Don’t hesitate to submit your idea when it can change the lives of others.

• How Much Money Can I Make Selling Ideas To Business?

Whether you are receiving royalties or get paid once, how much you make will depend on the viability and the company’s interest in the product idea presented. With success, the better the product idea the more money you are most likely to be paid.

• How Long Does It Take To Make Money Selling Product Ideas?

When you present successful well-researched ideas in line with the interests of the company to improve its products for a larger market share, you can get paid for your creativity and innovativeness within a year.

Final Thoughts On How To Sell Ideas To Make Money

Though some companies here may not match your product ideas, only consider those on the list that are worth your creativity and innovativeness. Hope this write-up on companies to get you paid for your ideas meets your interests.