Wednesday, January 14, 2009 offers bailout for American Inventors

I'm posting this as a favor for our friends at Obvia:

Casualties of the economic downturn might be wondering: Why do the fat cats get bailouts while we're left to fend for ourselves?

We’ve bailed out failed banks, failed insurance companies and failed auto makers. How about bailing out a sector that has never failed?

"Inventors -- all the worker bees who have yet to realize their ideas -- are the source of American ingenuity. Maybe now is the time to cultivate this talent base," said Scott Keeley, who owns OBVIA, a product-development and design company in Rhode Island.

To that end, Keeley has come up with his own idea: he calls it "The Great American Inventor Rescue." Between now and February, his firm will waive its inventor-assistance fees in the development of the next great invention.

The first rule of this competition is meant for the times: the inventor must be among the recently downsized.

Once the inventor submits his or her invention or product idea to OBVIA, OBVIA sends the inventor a nondisclosure agreement.(This is industry talk for a promise to not steal an idea.) OBVIA's engineers and marketers review the entries and pick the winning idea by April 1, 2009.

Submissions are due emailed by midnight on February 28, 2009 to
For more information, see OBVIA's Web site at

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