Idea Ownership & Revenue

IDEA OWNERSHIP AND REVENUE

Create a secondary income...                                           

Ownership

The idea ownership is assigned on time and date received.  If two people submit the same or similar ideas the first one received will be taken and evaluated for potential development.  It is therefore essential that you log your idea as soon as you think of it.  If your idea is accepted for Workgroup development, our Terms and Conditions apply to protect the intellectual property of the product or service.

Revenue Options

If your idea is developed successfully by a Workgroup your revenue will depend on the shares you own in the Workgroup Company. Your shares in the Workgroup will depend on the designated category of the idea you have submitted and whether you have become a Member of the Workgroup.
A guide to the share allocation is shown in the table below although will be confirmed at workgroup creation:

Idea Category Complementary Shares(Max) Workgroup Share Option Total Shares(Max)
Category 1 4.10%  0.9% 5.00%
Category 2 19.10%  0.9% 20.00%
Category 3 29.10%  0.9% 30.00%
Category 4 39.10% 0.9% 40.00%

 


 Please Note – Chindogus & Category Eureka ideas will not be considered for our workgroups although are entered into our competitions.

Why not submit your ideas on our Submission Form on the link below now before it’s too late…

SUBMIT YOUR BIG IDEA FOR FREE TODAY