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  • New invention for licensing: Folding elec-tri-cycle

    Discussion in 'The business forum' started by Jmw, Oct 11, 2014.

    1. Jmw

      Jmw New Member

      Oct 2014
      Likes Received:
      Hi all,

      I'm new to this site, and find people in this forum very knowledgable and helpful. Came across when searching for possible routes to licensing out my father's invention.
      My father unfortunately broke his leg a couple years ago. Although eventually managed standing on his feet, he can't walk freely as he used to. He then invented a folding Electricycle, which can be folded into a suitcase for easy storage putting in car boot or taking on bus/tube for longer journey. It can also be folded into a chair to sit on and rest.
      For those who are interested in seeing it in action, please follow the link below:

      My father used it when going on holiday with us, and there have been tremendous interests from people who saw how it worked. Many asked where to buy and how much... Some even left their contact details to me, and asked me to contact them when possible to buy.
      We have patent already granted in China, and PCT for international protection. As we are not business-minded, the best thing to do is to sell or license it out to someone who is able to turn it into product quickly. However, I find it very hard to get the right channel to identify licensees. I would really like to know if you have any suggestions or advices on this!
      Thank you very much in advance!
    3. scottsedy

      scottsedy New Member

      Nov 2014
      Likes Received:
      Suggestion on licensing!!

      Hi, nice to meet you. The licensing process can be a burden. I went through the same thing. May I suggest an agency called Lightning Launch. They are a great agency that have the clients best interests at heart. Great turn around time as well. Their website is lightninglaunchpad.com


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