Story Behind IDC
The developers of IDC spent many years inventing new products only to run up against the same roadblocks as all other inventors. Most ideas for a new invention come from the desire to solve a problem. The principle of inventing a new product to solve a problem makes both a contribution to society and a great revenue source for all those in the development and production of the invention. But the invention holds no value unless it can be marketed.
The story behind the IDC developers is that "in the 80's and 90's great resources and energy went into product development. They developed valuable inventions. They took those inventions through the patent process but they could not seem to go any further. They could make a long list of why a much needed invention did not get produced and distributed but the bottom line reads the same as hundreds of other failed inventors. Notice, they said failed inventors not failed inventions. That is where the problem rests. It was the inventor’s financing, manufacturing and marketing efforts that failed. The inventions were a success! It was the inventor that failed!
So, what was the problem? It was discovered that getting a product manufactured, distributed and sold was not a one-man task. It also became evident that finding an investor for unproven products was almost impossible. It became clear that even though someone may see the value of a product, their appreciation of the product does not solidify their willingness to take a financial risk. They realized there was much they didn't know. But they know they had to find the missing components to get the invention turned into a product.
They even turned to the usual channels of “invention submission companies” as many inventors do. It was clear all these organizations wanted was to take their money with no promises of what would be accomplished. In frustration, they contacted the Federal Trade Commission who confirmed their suspicions. They questioned; why were those companies were allowed to exist? The FTC said the invention submission companies function legally but by deception. According to the Federal Trade Commission many are just fronts for con artists.
Based on their experiences and knowing that other inventors were having the same trouble, they investigated the university backed business incubators. Without a doubt the university incubators were legal of course and had good intentions, but they left the inventor without the kind of support that he really needed.
It became clear that a dramatic departure from the norm was needed. They spent the next ten years investigating and tweaking different avenues of marketing, production and investing methods. With all of that done, they discovered there were eight major holes in the conventional incubator operations that were limiting inventions from reaching the marketplace. The combination of intense research, God given direction and a little "trial and error" effort resulted in the development of the exciting new concept of the Invention Discovery Center.
IDC is actually an INVENTION itself. It is an invention for consumers, providing them a way to choose the products they want to see on the market. An invention for investors to find safe investments. An invention for manufacturers to increase profits and reinstate lost jobs. An invention for inventors to assure them success in the marketplace. An invention for communities to create jobs and gain NEW wealth.