- Minimum Advance
- 20 Years Percentage
- of Sales or Buyout
Did you know that crutches have been around as long as the pyramids? As anyone who has had the misfortune of spending time on crutches will tell you, the design of the crutch has not evolved much in the 5,000 years since its first use. This is a problem for many, and not just because of the discomfort and awkwardness of maneuvering the crutches! A study conducted by researchers at Stanford University found that a person on crutches exerts twice as much energy as someone walking down the street. The current design of crutches can also lead to injury from the stress it places on hands, wrists and arms.
Edison Nation Medical wants to reduce the discomfort and potential for injury associated with crutches once and for all. We are searching for innovations in crutches, including improvements to design and materials.
When you are developing your ideas, keep in mind several needs that crutches should meet (a few of which were identified by the same Stanford study):
• Support the user’s weight
• Facilitate shock absorption and energy return
• Are durable, lightweight, easily maneuverable
• Remain attached to the user while he or she is reaching for a door or shaking hands
• Are comfortable, quiet and supportive of the user’s self-esteem.
• Affordable – the average crutch costs $40-$50
Reward: Advance & Royalties
Licensed ideas will receive a $2,500 minimum advance on 20 years percentage of sales or buyout. We split the licensing royalties 50/50 with you on the products that we select. Royalties vary based upon the product but we always earn industry-leading rates.
We ask for well-communicated ideas. This includes filling out our easy-to-use submission form to the best of your ability. Upload images, sketches and any other media that support your idea. Tell us your story. We even encourage you to create a video demonstrating your innovation. Don’t worry. We don’t expect you to break out your inner Spielberg. Please keep videos to less than 2 minutes.
Your submission should be unique and protectable (we love to see patented ideas but that isn’t required).
Each idea costs just $25 ($20 for Edison Nation Medical Insiders) to submit. Click here for more details on Innovation Searches.
Edison Nation runs idea searches to match your inventions with the needs of the world’s largest brands.
Simply tell your invention’s story through our secure Innovation Search system. Our team reviews each idea and narrows the submissions down to the finalists, which are presented to the search sponsor.
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