If you had a product idea or invention in your head that could change the world, then this is your opportunity to make it happen! Check out these companies that will pay for your innovative mind!

25 Companies That Pay You for Ideas

In this day and age, the way you make money has changed. Instead of getting a job at a company that pays an hourly wage or salary, many people are turning to entrepreneurship and working for themselves.

One thing these entrepreneurs need is good ideas – to be successful, they have to come up with new ways of doing things, or offer products or services that are unique and innovative. In the pursuit of innovation, companies are always looking for creative ideas. If you have an idea that might be a game-changer, here is your chance to get some cash in return for it.

 

Can You Sell an Idea to a Company?

The answer is YES! If you have a great idea, many companies are willing to pay you for it. They have programs in place specifically for this purpose. They want ideas that will improve their products or services, or help them to better serve their customers.

Ideas that solve a problem are also highly sought-after. Ideas can come in many different forms – it could be a new product, a new way of doing things, or a new service.

It doesn’t matter what the idea is, as long as it is original and has the potential to be developed into something valuable. If you think you have a great idea, all you need to do is submit it to one of these companies and wait for their response.

Companies That Pay You for Ideas

Among many other successful and innovative startups, the following are the companies that offer opportunities for inventors and innovators who want to sell their ideas.

1. Mattel

Mattel is always looking for new ideas for toys, games, and baby gear. They offer a generous royalty structure for anyone whose idea is accepted. You can submit your idea on their website or through the mail.

2. Avery

Avery is a company that makes labels, tags, and other identification products. They are looking for new and creative innovations to sell out. If you have an idea, you can submit it to the company.

3. Idea Buyer

Idea Buyer helps inventors and entrepreneurs bring their ideas to life. It seeks new product ideas, inventions, as well as business concepts. If your idea is chosen, they will offer to assist you in bringing it to market.

4. Supercell

Supercell is a company that makes video games. They are looking for new thoughts for games, characters, and gameplay. To inquire about submitting yours, visit their website or send them an email.

5. Ford Foundation

Ford foundation supports innovative thinking. They address inequality and look for people with fresh solutions that can help make the world a better place. To submit your idea, fill out the online form on their website.

6. Cal-Van Tools

Cal-Van Tools is a company that manufactures tools and equipment for the automotive industry. What Cal-Van Tools offers in return for your idea depends on the company’s evaluation of the commercial potential of your invention. Visit their website if you’re
interested.

7. Dewalt

Dewalt manufactures tools and equipment. It is a well-known brand of industrial power tools and accessories. They welcome new ideas and inventions that can improve their products.

8. Sharper Image

Sharper Image is a company that sells products that make people’s lives easier such as toys, electronics, and technology. Sharper Image is always looking for new ideas for products, and they offer a generous royalty structure for anyone whose idea is accepted.

9. Unilever

Unilever is known for making consumer goods. This company specializes in food, beverages, cleaning agents, and personal care products. They are always looking for new product ideas and you can submit yours on their website.

10. Medtronic

Medtronic is a company that develops and sells medical devices. They are always looking for new schemes that can improve the quality of life of their patients. And if you’re interested, you can submit yours via email which will be evaluated by Medtronic.

11. Miller Manufacturing

Miller Manufacturing is a company that makes products for the agricultural industry. Animal care, food processing, and general agricultural items are their competencies. Your ideas or inventions can be sent through email.

12. Eco-Products

Eco-Products is a manufacturer of environmentally friendly goods. This company is working on making everyday products more sustainable. If you have an idea about what they’re looking for, feel free to contact them.

13. Applied Medical

Applied Medical is a healthcare company that develops new medical products. They are aiming to make surgery less intrusive and safer. Your suggestion can be submitted on their website.

14. Hershey

The Hershey Company is a food company that makes chocolate and other confectionery products. They welcome new ideas. Just contact Hershey if you have new product suggestions.

15. Fila

Fila is an athletic gear and footwear manufacturer. They work on creating the best products for athletes. If you have an idea that could help Fila, reach them via email.

16. Coca-Cola

Coca-Cola is a beverage company that makes soft drinks. Coca-Cola is seeking to enhance the health and sustainability of its products. Also, they are always interested in new flavour ideas. You can share your thoughts with them through their website.

17. Escalade

Escalade is a sporting goods manufacturer. They specialize in basketball Hoops, soccer goals, and other outdoor equipment. They are looking for new ideas that can improve their products. Make sure to reach them or submit your suggestions on their website.

18. Spectrum Brands

Spectrum Brands is a company that produces branded consumer products. They have a few divisions, such as hardware and home improvement, pet care, and home and garden. They are always open to new ideas, so feel free to contact them.

Companies That Pay for App Ideas

Here are a few companies that could be able to help you transform your app idea into a profitable business.

19. Google Play

Google Play is a platform where people can download apps. They are experts in Android apps and seek to provide the best apps for their users. With this store, app developers can sell their apps to users. But if you have a new and up-to-date idea, you should contact them to see if they’re interested in investing in its advancement.

20. Apple

Apple is a technology company that makes computers, smartphones, and other electronic devices. They are working on creating the best user experience for their products. They have an Apple app store which is similar to Google Play that sells the app owned by app developers. However, if you have a good proposal, you should approach them because they might consider your idea.

21. King

King is a company that makes video games. They specialize in developing casual games that can be played on smartphones and computers. If you’re familiar with Candy Crush, this is the firm that created it. They are interested in new game ideas that will
captivate their users. So if you have an idea, don’t hesitate to reach out to them.

22. Flippa

Flippa is a website where people can buy and sell websites. They strive to make the process of purchasing and selling easier for their customers. It can be a good place to market your app because it has a large number of potential purchasers.

23. FundedApps

FundedApps is a website that helps people raise money to develop their app ideas. It will give you a boost in developing your app. It specializes in crowdfunding, which is a way of getting money from a lot of people who believe in your project. It’s an option you
can consider if you don’t have the funds to develop your app.

24.ArtJoker

ArtJoker is a web and app development company. They develop websites, apps, and games. They are interested in new and innovative ideas that can be turned into a reality. If you think your idea has potential, reach out to them, and they might help you turn it
into a product.

25. IdeaPros

IdeaPros is a company that helps people develop and commercialize their ideas. They provide services such as market research, business planning, and patent protection. They have a team of experts who can help you turn your idea into a product. They can help you with the development and marketing of your product. If you’re not sure how to proceed with your idea, reach out to IdeaPros, and they might be able to help you.

Companies That Pay You for Ideas – Critical Factors to consider

Not all ideas are successful. A lot of them won’t be. But if you’re going to try to develop a product, you’ll need lots of ideas. So don’t get discouraged by the fact that most of your ideas won’t work out.

You should try as many different ways as possible to get your idea off the ground. Even if you fail, you’ll learn valuable lessons about what doesn’t work.

Research is Key

Research is vital

When trying to come up with a new idea. You need to make sure that you’re working with a reliable company that can help you develop your idea into something successful. Selling money-making ideas to companies isn’t always easy, but it can be lucrative if you’re creative enough. You need to see what people want, and then figure out how to sell them something better than what they already have.

Sign a Non-disclosure agreements

Non-disclosure agreements are contracts that restrict companies from sharing ideas without permission. Therefore, if for whatever reason you don’t want your idea patent-protected, request the company to sign a non-disclosure agreement. Companies are legally obligated to pay royalties to you the inventor who came up with the idea.

Read Fine Print

Always read the fine print before signing contracts with companies that pay for ideas. Make sure you understand everything about the contract before you sign it.

Final Thoughts For Companies That Pay You for Ideas

If you’re looking for a way to make money from your app idea, then you should consider contacting one of the companies listed in this article. They might be able to help you turn your idea into a reality and make some money in the process. All of these companies are interested in new and innovative ideas, so don’t hesitate to reach out to them.

Of course, these are just a few companies that might be able to help you. There are many more out there, so if you don’t get a response from one of these companies, don’t give up. There are plenty of other firms that would love to hear from you. Who knows, your app idea might be the next big thing