Why have I been redirected from COMPANY NAME.com to a separate, third-party portal to submit my innovation?
COMPANY NAME has subcontracted yet2.com, Inc. to facilitate the idea submission process. Specifically, they will:
- Assist you in submitting your ideas and proposals
- Remind you that your submission is not treated as confidential and to verify that you have not submitted confidential information at this stage
- Review your submission against criteria provided by COMPANY NAME to eliminate the risk of jeopardizing ongoing COMPANY NAME research activities
- Ensure that we provide feedback in a timely fashion
What happens now?
When you Submit an idea and enter this Idea Submission Portal, you will be asked to complete a "Submitter Information Form" including your contact details, a non-confidential overview of your solution and your agreement to the terms and conditions of submission and the Privacy Notice. yet2.com will review your details and evaluate the solution on behalf of COMPANY NAME within the portal.
What information does my submission need to include?
Contact information is essential for us to follow up on your idea. The submission form must also provide an overview of the proposed solution, with the understanding that your submission will not be treated as confidential. You only need to send us an outline of your proposal at this stage, describing how it works in a general technical sense and what the benefits would be. If you have a published or granted patent, that will normally be a sufficient description, and you can simply provide us with the details of the published patent/application.
Do I have to be at least 18 years old to submit an idea?
Yes, this is the legally-accepted age for agreeing to terms and conditions for this activity.
Who decides if my submission is of interest to COMPANY NAME?
yet2.com will review your "Submitter Information Form" in relation to criteria provided by COMPANY NAME to decide if your solution fits the current needs of COMPANY NAME. yet2.com will follow up directly with you via email or phone to inform you of the status (i.e. no further action, more details required, of interest for further discussion, etc).
How long will it take for my submission to be reviewed? What are the stages?
On submitting your "Submitter Information Form", you will receive an email confirming that the submission has been received, and you will be provided with a unique idea submission identification number. Contact will then be made within five working days to inform you of the status of your submission. The possibilities may include:
- Reject - solution does not meet criteria
- Under further review
Additional stages may apply; you may be contacted directly by yet2.com for the following:
- Further details are required to clarify information provided
- Solution is under review in COMPANY NAME
Is there a reward for submitting my innovation?
There will be no reward for your submission in the initial stages. However, if COMPANY NAME decides to pursue a submission, COMPANY NAME will contact you directly.
Is only non-confidential information required?
Throughout the submission process, we ask only for non-confidential information, as your submission will not be entitled to protection as confidential. It is your responsibility to ensure that your submission does not breach any confidentiality obligations that you owe to others. If confidential information is required at a later stage to explain the submission, you may request to enter into a non-disclosure agreement with COMPANY NAME prior to you sharing any confidential information.
Do I have to accept the Idea Submission Portal Terms & Conditions and the Privacy Policy?
Yes, these are created to protect you and your rights, and also eliminates the risk of jeopardizing COMPANY NAME and its affiliates' ongoing research programs, projects and developing concepts.
If I have more than one submission, will I have to agree to the Idea Submission Portal Terms & Conditions and the Privacy Policy for each submission?
Yes.
Do I have to have Intellectual Property protection? (Patents applied for or filed)
The decision to protect your idea is your responsibility and you should consider this decision prior to submitting your idea. Ideally, your idea will be protected by granted or applied-for patents. However, COMPANY NAME is willing to discuss early stage ideas either before a patent filing has been made or before it has been published. If you have not filed for patents yet, you should not disclose any information that jeopardizes your rights to file patents, and we advise you contact a patent attorney prior to submission.