If you are a new entrepreneur in Kansas City, you may be wondering how to get a patent for your invention. In this article, you will discover how to get a patent for your invention and how to finance your new venture. In addition, you’ll find information on how to start a business and what resources are available for new entrepreneurs in Kansas City. Whether you are interested in starting a business as a sole proprietor, or you’re looking to start a company in Kansas City, you can find the resources you need to succeed.
Entrepreneurship workshops in Kansas City
Entrepreneurship workshops in Kansas City for inventor patent-worthy inventions can provide invaluable advice on commercializing an idea and launching a business. Entrepreneurship experts teach basic strategies to create a successful business. They explain how to generate ideas, determine their potential, and develop ownership over the concept. They also explain how to avoid common mistakes, including wasting time and money.
Inventors who wish to protect their intellectual property are encouraged to attend entrepreneur workshops held by organizations that provide assistance for starting and growing a small business. These organizations specialize in trademarks, copyrights, and entrepreneurship, and can help you protect your ideas and protect your intellectual property. Entrepreneurship workshops in Kansas City for inventor patentable inventions are held by organizations such as KCSourceLink Resource Partners, which offer resources for entrepreneurs and small business owners.
Many of these organizations will offer grants and mentorship to help inventors and entrepreneurs. Many of these programs are free, so there’s no cost to join. Many of the organizations run incubators for inventors who are looking to start a business. Inventors are also encouraged to apply for a grant program to cover the costs of developing their ideas. The Inventors Center of Kansas City is another free resource for new inventors and their ideas.
The National Invention Convention is an event that brings inventors and entrepreneurs together. The event is held at The Henry Ford and is free to attend. The winners of the competition will receive funds to further develop their inventions. At the National Invention Convention, winners will be recognized with an award ceremony. The winning companies will receive a grant of up to $30,000, plus expenses to take their business to the next level.
In addition to the National Invention Convention, there are several regional events held each year. The South Bay Regional Invention Convention will be held March 10-12, 2022, followed by the California Invention Convention in April 11-21, and a National Invention Convention in TBD. A number of young inventors are recognized at the CIC and pursue patents and commercialization. Several of them even compete at national competitions.
Obtaining a patent for an invention
When you are starting a new business, obtaining a patent for your invention is a crucial part of the process. It will help protect your business, and it can be a huge asset. First, you have to search for similar inventions to yours. Make sure that yours has improvements over earlier developments. Then, file a regular patent application or a provisional patent application. A provisional application is not a patent, but it allows you to claim “patent pending” status until you get a patent for your invention. While this method involves only a fraction of the work of a regular application, you need to do a thorough search on the patent database in order to obtain a patent.
The first step in filing a patent application is understanding your invention. It is important to remember that obtaining a patent requires meticulous documentation, so make sure you save everything. It can take several years for the USPTO to respond to your application, so it is important to get started as soon as possible. You should hire a lawyer to handle this step. The patent process can be long and complicated, so it is crucial to work with a reputable attorney.
There are a variety of fees associated with filing a patent application. These fees vary depending on the complexity of your invention. The more complex your invention, the higher the costs. After filing an application for a patent, you will have to pay an issuance fee. Once your patent has been issued, you will have to pay renewal fees every few years. If you want to keep your patent, it is worth the time and money.
Before you file a patent application, you should make sure to record the date that you first disclosed your invention. If you make any changes to your invention before filing it, you may forfeit your right to a patent. So, make sure to document your disclosures and discuss them with a patent attorney before filing a patent application. If you don’t document everything, you may be wasting time and money.
Financing a new business
Your invention should be unique, as long as it is not already in use. If it is, you should seek outside funding in order to bring your idea to market. If you don’t, you may need to sell your invention to find a buyer.
A patent isn’t a guarantee that a company will fund your project. Companies may not be interested in funding a prototype because the returns are low. Without a patent, you’ll have to rely on self-financing. However, this doesn’t have to be a problem if you have an excellent idea. In fact, you may be able to find investors willing to finance your project.
If your invention has been patented, you may be able to receive financial assistance from the government. The federal government offers several programs and agencies to help small businesses obtain funding. However, there are also many other types of funding available. You can look for grants through the Small Business Administration, which can help you establish your business. A grant can also help you get a license to a specific invention.
INCUBATORS, ACCELERATORS, AND NEW BUSINESS FACILITIES
Biomedical Devices at Kansas Medical Device Park
Biomedical Devices Kansas (BMDK), a business accelerator, is for emerging medical device companies, whether they are in the human or animal health sector. BMDK offers complete design services including proof of concept, prototyping, and production to medical device companies from conception to commercialization. BMDK has a proven and robust title 21, CFR 820 FDA Quality System, which is compliant with regulatory requirements and ISO 13485 certified, to guide product design and regulatory approval. BMDK has submitted over 100 FDA 510k submissions that have been approved.
Bioscience & Technology Business Center Main Facility
The BTBC main facility, which opened in 2010 is a 51.400 square foot facility on the University of Kansas West Campus, in Lawrence, KS. The BTBC offers wet labs and offices, as well as professional business services, to emerging biosciences and technology companies. This includes spinouts of KU, KU collaborations and established companies that benefit from being close to university assets. The BTBC is a partnership between the City of Lawrence, Douglas County, KS and KU.
Bioscience & Technology Business Center – KU Medical Center
The BTBC KUMC Facility is located in Kansas City at the University of Kansas Medical Center. The building has 20,000 square foot of office space and wet laboratory space, located adjacent to the KU Medical Centre. The building houses bioscience and tech startups, university collaborations and startups, and companies that want to be close to the resources of the KU medical center.
Christopher S. Bond Science and Technology Innovation Incubator
The 25,000-square-foot wet lab incubator is located on the campus of Missouri Western State University. It is operated by Innovation Stockyard (an independent 501(c),(3) organization) under a long-term agreement. This Innovation Center has been affiliated with Missouri. The incubator is primarily focused on start-ups in animal health and nutrition, leveraging St. Joseph’s long history and its central location within Animal Health Corridor.
DFA’s CoLAB Accelerator, a 90-day immersive program, accelerates and grows startup businesses in agtech and dairy food through mentorship and educational programming. DFA has partnered up with startups that are part of the dairy value-chain and provide services or products that benefit family farmers, consumers or businesses.
Edge Collaboration District
The Edge Collaboration District was created to encourage industry collaboration on campus. The Edge Collaboration District is where talent, industry and research come together to create real innovations. Kansas State University Office and Research Parks are at the center of the Edge Collaboration District. Dedicated office and laboratory buildings with multi-tenanting have been built adjacent to the Kansas State University Campus and the National Bio & Agro-Defense Facility. Several shovel-ready locations are available. Corporate partners can build professional relationships, leverage the strengths of the university and access talent by co-locating with Kansas State University.
Enterprise Center of Johnson County
The Enterprise Center of Johnson County, a non-profit, connects entrepreneurs to the resources and capital they need to scale up their businesses. This includes education, mentorship, co-working space, and connections to the Mid-America Angels Investment Network and Fountain Innovation Fund. Since its founding in 1994, ECJC has assisted companies that have made a 3.2 billion dollar impact on the local economy.
Independence Regional Ennovation Center
The Independence Regional Ennovation Center, a mixed-use incubator, focuses on the development of three key areas: biotechnology, kitchen/culinary and business technology. The facility, which is 28,000 square feet in size, was opened as part of a renovation of the former Independence Regional Health Center. The center has office space, collaborative offices, workstations and common areas. It also includes four laboratories ranging in size from 600 to 1200 square foot. The Ennovation Center houses not only a wet lab incubator for business technologies and life science, but also a culinary incubator with five commercial kitchens. At the time of publication, over 55 companies were operating and developing in the Ennovation Center.
Kansas Bioscience Park Venture Accelerator
The Kansas Bioscience Park Venture Accelerator was built to meet the needs of emerging bioscience firms that are focused on commercializing their discoveries. It is located near College Boulevard and Valley Road, in Olathe, KS. The 39,000 square-foot building is located adjacent to Kansas State University in Olathe and is available for bioscience businesses. It offers flexible office and wet lab space, as well as shared equipment and fully-equipped conference rooms.
Kansas Entrepreneurial Center (KEC)
The Kansas Entrepreneurial Center is owned by the City of Manhattan. It’s a 6,000-square-foot wet lab facility that houses a variety of bioscience, manufacturing, and university technologies. The KEC partnership, which includes the City of Manhattan, KS; the Manhattan Area Chamber of Commerce; the Pottawatomie County Economic Development Corporation; Kansas State University Innovation Partners; and the North Central Kansas Regional Planning Commission, located in Beloit KS, renovated this facility. The Manhattan Area Chamber of Commerce manages the facility.
Monsanto Place hosts the MU Life Science Business Incubator
The University of Missouri Life Science Business Incubator is a 33,000-square-foot wet laboratory facility that opened in 2009 at Monsanto Place in Columbia, MO. It is home to thirty biomedical, Internet/software, technology, and animal health ventures. These companies are part of the Missouri Innovation Center’s technology commercialization program. The incubator recruits domestic and international firms to the area. Seventeen of these resident companies are MU-spin-off companies. The Missouri Innovation Center is an independent non-profit that manages the incubator facility owned by MU.
Plug and Play Topeka
Plug and Play creates a world-class ecosystem for animal health by combining Silicon Valley’s technology with Kansas’ R&D, workforce and animal health companies. The program will be launched in 2020 and accelerate 10-12 startups every six months in the areas of animal health, sustainability, or ag technology. The focus areas of corporate partners such as Hill’s Pet Nutrition Cargill and Evergy are a major factor in the selection of startups. The Topeka program’s first batch of ten startups working in animal health graduated in June 2021.
Regnier Institute for Entrepreneurship and Innovation
Regnier Institute for Entrepreneurship and Innovation Programs helps early-stage startups move from the concept stage to a sustainable launch, in an environment that is safe for learning, experimenting and mentorship. The Institute provides formal entrepreneurship training to enrolled University of Missouri-Kansas City students. It also offers educational opportunities to members of the local community looking for guidance as they prepare to start new ventures.
T-Mobile Accelerator is a hub that drives ideas, innovation and actions. It focuses on collaborative experiences to drive growth. Year-round activities and programming include engagements with the entrepreneurial and tech communities, expert speakers, and mentoring sessions. The T-Mobile Accelerator, which was founded in 2014 and is located in Kansas City’s smart city corridor, has helped 67 startups raise a total of $51 million. 82% of alumni are still operating today.
UMKC Innovation Center
The University of Missouri-Kansas City Innovation Center (UMKC) partners with the University and the Community to ignite entrepreneurial efforts in the region and throughout the United States. The center offers a range of high-impact programming that helps tech ventures and builds our entrepreneurial ecosystem. It also provides entrepreneurial education to students, faculty, and community members.
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