Mitchell Innovations · Partnerships

How We Work
With Partners

There's no single right way to bring an idea to market. Whether you want to license a concept, acquire it outright, invest in it, or build something together — the structure is flexible. What matters is finding the right fit.

Deal Structures

Open to the Right Deal

Every concept and every partner is different. Here are the four structures we're open to — though the details are always negotiable.

Royalty Licensing

Your company pays an ongoing royalty — a percentage of revenue — to manufacture and sell the invention. No large upfront cost; payments scale with sales. Best for companies that want to add a concept to an existing product line while keeping initial risk low.

Best for: Product companies, manufacturers, OEMs

Upfront Payment + Royalties

A hybrid structure: a one-time upfront payment at signing, followed by ongoing royalties on sales. The upfront payment compensates for the IP and development work; royalties align long-term incentives. Often the most attractive deal for both sides.

Best for: Companies wanting shared risk with ongoing alignment

Outright Acquisition

Full transfer of IP rights for a one-time payment. You own the concept entirely — no ongoing royalties, no shared upside. Best for companies that want clean ownership and full control over the commercialization path.

Best for: Companies wanting full IP ownership

Investment / Equity

An investor funds the development or commercialization of an invention in exchange for equity. Mitchell Innovations retains involvement in the venture. Best for investors who see strong market potential and want a stake in the outcome.

Best for: Angel investors, venture capital, strategic investors

Joint Venture

Both parties contribute resources — IP, capital, manufacturing, distribution — and share in the results. Best for companies that want a collaborative path to market and are willing to co-develop the opportunity.

Best for: Strategic partners with complementary capabilities

The Process

From First Contact to Signed Deal

The process is straightforward. No gatekeeping, no lengthy qualification process — just a direct path from interest to agreement.

Initial Conversation

Reach out via the contact form or email. No pitch deck required — just tell us which concept caught your attention and what your company does. We'll respond within 48 hours.

NDA & Concept Brief

If there's mutual interest, we sign a mutual NDA and share a full concept brief — detailed documentation of the invention, its applications, and the market opportunity as we see it.

Due Diligence

Your team evaluates the concept. We're available to answer questions, provide additional materials, and discuss technical or commercial specifics. No pressure, no timeline.

Structure the Deal

If you want to move forward, we discuss deal structure — licensing terms, acquisition price, equity split, or joint venture framework. We're flexible and open to what works for both sides.

Close & Launch

Agreements are signed, IP is transferred or licensed, and the concept moves toward commercialization. Mitchell Innovations remains available for technical support and collaboration as needed.

What Partners Get

More than just an idea on a napkin.

Every concept in the portfolio has been developed beyond the initial spark. When you enter a partnership with Mitchell Innovations, you're getting a documented, thought-through concept — not a rough sketch that still needs years of work.

You bring the manufacturing capability, distribution network, and market reach. The original thinking — the hardest part — is already done.

Full Concept Brief

Detailed documentation of the problem, solution, applications, and market opportunity — shared after NDA.

IP Documentation

Patent status, trade secret protections, and any prior art research conducted to date.

Technical Availability

Direct access to the inventor for Q&A, technical clarification, and development support throughout the process.

Flexible Terms

No rigid deal templates. Structure, pricing, and terms are negotiated based on the concept and what works for both parties.

Confidentiality

Mutual NDA before any sensitive details are shared. Your interest and our concepts stay private.

Common Questions

Things People Usually Ask

Are these ideas patented?

Some concepts have provisional or full patent applications in progress; others are at the trade secret stage. IP status is disclosed during the NDA phase. We can discuss specifics once a mutual NDA is in place.

Can I see full documentation before committing?

Yes. After signing a mutual NDA, we share a complete concept brief including the problem being solved, the proposed solution, potential applications, and any technical documentation available.

Is there a minimum deal size?

No. Deal structure and terms are negotiated based on the concept and the partner. We're open to conversations of all sizes — from a small licensing arrangement to a full acquisition.

What if I'm interested in multiple concepts?

Great — reach out and mention which ones. We can discuss a portfolio arrangement or handle each concept separately depending on what makes sense.

How long does the process typically take?

It depends on the deal structure and your internal process. An initial conversation to signed NDA can happen in days. From there, due diligence and deal structuring typically takes a few weeks to a few months.

Start the Conversation

Ready to explore a concept?

Browse the portfolio, find something interesting, and reach out. There's no obligation in a conversation — and the right idea might be closer than you think.

Get in Touch Browse Inventions

Contact

karl@mitchellinnovations.com

Response Time

Within 48 hours

NDA

Available upon request