Universal “Worldwide” Licensing
Pre Patent Services
Are you interested in procuring a patent for your invention? If yes……
Before you spend thousands of dollars to obtain a patent, UL offers you an expert opinion as to the necessity of a patent for your invention.
- Initial consultation – discussing the patent and licensing procedures inventors will face and the best methods to proceed. Cost: free
- Initial invention review – discussing the specific invention and its marketing and licensing potential. Assist inventor in deciding whether to pursue a patent, proceed without a patent or reach the conclusion that the invention’s potential is not a satisfactory financial risk. Cost: $2500.00
UL DOES NOT OFFER PATENTS
Post Patent Services
Once inventor has secured a patent, UL offers services necessary to move the invention to the public marketplace – this can entail marketing, assisting with manufacturing, social media, networking, etc. Cost: varies per invention and inventor’s goals.
UL representatives will negotiate and attempt to reach a satisfactory licensing agreement with an interested licensee.
Cost: standard licensee fee is 20% of any royalties – no fee if no licensing agreement is obtained.