Site tied to UTA will promote inventions - Dallas Business Journal:

ra-iwinyro.blogspot.com
The site, which is called The Innovatiomn Marketplace, was created and is operated by Ranch. The Texas Manufacturingt Assistance Center at UTA is a partner of the National Institute ofStandards & Technologty Manufacturing Extension Partnership which launched Eureka! Ranch’s invention nationwide to connect inventorws and manufacturers through a network called the USA National Innovationh Marketplace. Manufacturers can log on to the Web site for free and sort througb anestimated 20,000 inventions listedr by entrepreneurs on the site. Meanwhile, entrepreneurs and inventorzs drive revenue to the site by paying per saidMaggie Nichols, vice presiden of Eureka! Ranch International.
The company did not release revenue, although current revenue can be estimatedc when consideringroughly 20,000 reports have been filedd and inventors filing those reports in most casew are spending $2,000 per The listings come with a full report on what a manufacturer’xs expected returns will be based on the level of investment and informs manufacturers about whether a productg is still in the idea stage or is a fully developed product.
Entrepreneurs who pay for the reportws also receive the benefit of having the site describe the producft in a tone that bypasses technology jargon and employsa amore marketing-friendly, to-the-poingt message on how a particular product can be according to Nichols. The site launched on April 20 and has alread y received more than a halfmillion