Our Selection Process
Our goal at the LIIT Hub is to work with young people, ideators, inventors that have ideas, concepts, or products that are at various stages of development in order to help drive full development and get the ideas to market.
Co-owners receive a percentage of the equity once the product goes to market as indicated on the “Disclosure Form”.
There is no cost for submitting an idea and the LIIT Hub gives time for the evaluation, development, and commercialization of the idea. This is a significant consideration!
The Hub will determine the best path to take your product to market. Most exits are via license agreements, but we can also work on co-development agreements based on set terms.
We will work with:
⦁ Nascent ideas on paper.
⦁ Existing prototypes and models.
⦁ Product with patent that are ready for market.
GOT AN IDEA?
Anyone can submit an idea!
Do you know your idea may be the next great solution?
Everyone can innovate and submit any industry level invention to the LIIT Hub and see it impact the world.
How To Submit An Idea
- Click on the link above.
- Fill in the form.
- Accept our terms and conditions.
- Create and upload a 60 secs video that talks about your idea/product/platform, its value proposition and what you are looking at achieving with the LIIT Hub.
- Submit. Congratulations!