Food Inventors Network Seeks Innovative Food and Beverage Ideas at Nationwide Series of Roadshows

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Established food and beverage companies look toward independent inventors as a lucrative source of licensable product ideas.

The Food Inventors Network today announced a series of “Roadshows” for fall 2006 and spring 2007. Each weekend-long Roadshow offers food entrepreneurs and inventors an opportunity to give a confidential presentation of a food-related idea to a panel of industry experts. Inventors receive valuable feedback and suggestions for bringing their idea to market. The Food Inventors Network hopes to find novel ideas that it can help bring to market through licensing. When an idea is identified as a good fit, the Food Inventors Network will take the necessary steps to advance the idea and maximize the product’s chance for success.

The Food Inventors Network is a division of Big Idea Group (BIG), the leader in open source innovation in consumer product goods. BIG’s Roadshow model has proven to be highly successful in leveraging the country’s most fertile source of innovation—the independent inventor. Companies turn to BIG and the Food Inventors Network to help them find innovative new product ideas. BIG has amassed the largest independent inventor network in the world, which provides a powerful source of idea generation.

“If you are an executive looking for your company’s next big idea, you want 8,000 people – not 8 people – doing the R&D work on your behalf,” said Michael Collins, president and CEO of Big Idea Group. “Innovation is the cornerstone of business success, yet corporate America struggles to find rich sources of innovation in a cost-effective manner. Independent inventors are this country’s richest source of innovation. Until now, business leaders didn’t know how to access the inventor community, and conversely, independent inventors had no process for exposing their ideas to companies.”

In recent years, many established companies have discovered that using outside resources to augment their internal R&D function is essential to staying competitive. Food Inventors Network acts as a cost effective channel for third-party innovation. Inventors get honest, confidential, and no cost feedback in addition to possible licensing opportunities. Ideas are welcome at all stages of development from raw concept to finished product. Roadshows are the most direct way for inventors to get feedback about their ideas.

Roadshow Schedule:

Manchester, NH—Aug. 25, 2006

Boston—Sept. 14, 2006

Minneapolis—Oct. 14-15, 2006

Los Angeles—Nov. 4-5, 2006

Seattle—Mar 2007

Chicago—May 2007

New York—July 2007

Registration online: http://www.FoodInventors.net
Phone: (603) 661-9498

About Food Inventors Network

Food Inventors Network, a division of Big Idea Group (BIG), partners with major food and beverage companies to help them discover the next “big idea”. By tapping the pioneering minds of inventors worldwide for new ideas in food, beverage and related packaging, the Food Inventors Network has developed a powerful model for new product development. Either through open call Roadshows, targeted Idea Hunts, or direct submissions, the Food Inventors Network evaluates thousands of ideas on behalf of companies and helps match entrepreneurs with the companies that want to license their products. BIG and the Food Inventors Network are headquartered in Manchester, New Hampshire and can be found on the Web at http://www.foodinventors.net and http://www.bigideagroup.net.

Contact:

Lila Kahn

Food Inventors Network

175 Canal St, 5B

Manchester, NH 03101

(603) 661-9498

http://www.foodinventors.net

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